The pseudonym "Philo Vaihinger" has been abandoned. All posts have been and are written by me, Joseph Auclair.

Saturday, January 12, 2013

When illiterates read the law


You know.

Guys like economists and lawyers.

Booman seems to have it right.

The bit of law being read as authorizing the prez to wildly inflate the money supply is being misread.

It all turns on the concept of a bullion coin.


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