Re: [TML] Currency Phil Pugliese (12 Jul 2016 19:03 UTC)
Re: [TML] Currency Bruce Johnson (12 Jul 2016 19:37 UTC)
Re: [TML] Currency Michael Houghton (12 Jul 2016 21:17 UTC)
Re: [TML] Currency Peter Vernon (12 Jul 2016 21:27 UTC)
Re: [TML] Currency David Shaw (12 Jul 2016 20:52 UTC)
Re: [TML] Currency Abu Dhabi (12 Jul 2016 20:56 UTC)
Re: [TML] Currency Bruce Johnson (12 Jul 2016 21:45 UTC)
Re: [TML] Currency Tim (13 Jul 2016 01:32 UTC)

Re: [TML] Currency Bruce Johnson 12 Jul 2016 19:37 UTC

> On Jul 12, 2016, at 12:00 PM, Phil Pugliese (via tml list) <xxxxxx@simplelists.com> wrote:
>
> NorthKorea & Iran & (?) have been counterfeiting $100US for, literally, decades. In fact, years ago, my father showed me a newspaper article that stated that it was well known that anywhere from 1/3 - 1/2 of the US 100 dollar bills in circulation in parts of asia were counterfeit.

The same holds true for other parts of the world as well, yet note: we’re not suffering hyperinflation as a result…Inflation is not merely a factor of currency supply.

--
Bruce Johnson
University of Arizona
College of Pharmacy
Information Technology Group

Institutions do not have opinions, merely customs