This week, a woman in Tennessee reportedly told police she was counterfeiting money because she read online that President Barack Obama created a new law stating that people can start printing their own money.
Police say that the counterfeit bill was printed on computer paper and that each side had been glued together. The Times News reports the bill was printed in black and white and that the back of the bill was printed upside down.
But, here’s the thing, she has a point! Maybe we should call her version “Obama dollars”.
While clearly she has to work on her craftmanship to get to Janet Yellen’s skill level in counterfeiting, if we are to listen to people like Paul Krugman, she was providing a service to improve the economy.
This is no different than what the Federal Reserve has been doing since 1913 and doing to extremes since 2008.
So why is this woman in jail while Janet Yellen still walks free?
Anarcho-Capitalist. Libertarian. Freedom fighter against mankind’s two biggest enemies, the State and the Central Banks. Jeff Berwick is the founder of The Dollar Vigilante, CEO of TDV Media & Services and host of the popular video podcast, Anarchast. Jeff is a prominent speaker at many of the world’s freedom, investment and gold conferences including his own, Anarchapulco, as well as regularly in the media including CNBC, CNN and Fox Business.