TIDBIT: IN CASE YOU MISSED THE GERMAN BEARER BONDS SCANDAL IN 2015
February 18, 2019 / /
Mr. M.D. spotted this one, and I thought I'd bring it to your attention even though the story is four years old now, but nonetheless, it's important because it shows that even that late, the fake bearer bonds continue to be pedaled by so-called scammers. The question is, why: no one counterfeits a seven-dollar bill:
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I would guess that BBs are a variation on Miles Mathis’ observation that modern artwork is cr@p, so who would pay anything for it – let alone multi-millions? Mathis pretty well demon-strates that modern-art “sales” from one holder to another are simply a way to launder larger and larger amounts of money around the System. The artwork itself is worthless; it is only a “Bearer Bond”…
or they’re not fake?
Apparently, they prefer analogue fakes, analogue people, and analogue places. Guess digitization’s future hasn’t touched the counterfeiters’ secret undisclosed paradise.