[107460] in Cypherpunks
Re: Suggestion for Public Echelon counter-measures
daemon@ATHENA.MIT.EDU (Paul Holman)
Thu Jan 14 14:53:51 1999
Date: Thu, 14 Jan 1999 09:21:04 -0900
From: Paul Holman <pablos@fortnocs.com>
To: Jukka E Isosaari <jei@zor.hut.fi>, cypherpunks@toad.com
Reply-To: Paul Holman <pablos@fortnocs.com>
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> IMO, the US single-mindedness on money and spying even on allies for
> economic and scientific benefit, would only be nicely complemented
by
> destroying the threatening economies, for example Japanese economy,
by
> printing a few billions of extra Yens and spreading them around
causing
> the said economy to collapse.
>
> Can someone tell me how this would or woudn't work?
A few billion Yen is not that much money. 1 billion Yen is about
US$9M (46M Finnish Markka). Even this amount of cash would be
difficult to launder into circulation, and probably not
be enough to make a dent as you're suggesting. You have to keep in
mind that the vast majority of funds in an economy like Japan are
stored digitally, not in cash. You need a
way to do digital counterfeiting if you want to mess things up.
One disclaimer, your idea might work on some other economy which was
already in a state of crisis, and where the cash to bits ratio was a
whole lot more even.
pablos
- --
Paul Holman 907.562.7660
Special Agent fax 907.562.3687
Fort Nocs pablos@fortnocs.com
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