Small Scale Counterfeiting: Bad - Big Scale Counterfeiting: Good

When federal agents busted a counterfeiting operation in Detroit recently, they found that the counterfeiters weren't using any sophisticated equipment at all, just a standard Lexmark printer and plain paper. According to the article on the Detroit Free Press website, new technology has made counterfeiting easier than ever. "If you're able to put a piece of paper in a copy machine and push a button, that's pretty much all it takes," Special Agent Scott Vogel said.

I can't help but think that people are now only doing what the Federal Reserve has been doing since the dollar was taken off the gold standard. The only difference is that when the Fed floods the market with billions or trillions of dollars that aren't even worth the paper they're printed on, no one goes to prison. They become Time Magazine's Person of the Year.