Re: Printing Money

[Jim Devine <JNDF%LMUACAD.BITNET@xxxxxxxxxxxxxxxxx>]

On Fri, 24 Feb 1995 07:38:33 -0700 uctpa98 said:
>I used to possess a clipping, now tragically lost, about the US troops
>dumping money from a helicopter on Vietnam, to destabilise the economy.
>I found this item when in Australia, so some time between July 1975
>and Dec 76, most likely from The Times (London), if anyone wants to
>try to find it. V. Chick

Yes, I've heard of cases where counterfeiting had been used as a
weapon of war (mostly by the US, though I think Iran or Iraq has
been accused of doing so).  Has a government ever done this to
itself? The (probably tall) tale I heard was that the Chaing kai-
shek government dumped money on its people in a vain effort to
raise its popularity.

sincerely,

Jim Devine
jndf@xxxxxxxxxxxxxx or jdevine@xxxxxxxxxxxxxxx
Econ. Dept., Loyola Marymount Univ., Los Angeles, CA 90045-2699 USA
310/338-2948 (daytime, during workweek); FAX: 310/338-1950