> 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