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发帖数: 6973 | 1 Joseph Sternberg, Just Like the Real Thing; Counterfeiters are deft
imitators of the government's own efforts to undermine the value of a
currency. Wall Street Journal, Jan 28, 2011.
http://online.wsj.com/article/SB1000142
4052748704721104576106742749041066.html
(book review on Ben Tarnoff, Moneymakers. Penguin Press, 2011)
Quote: "Colonial governments were chronic mismanagers—in one four-year
period, from 1744 to 1748, Massachusetts printed money so often that it
suffered a stunning 50% devaluation of its notes
Note:
(a) newspaperman (n): "a person who owns or is employed by a newspaper"
All definitions are from www.m-w.com.
(b) The article stated, "Noticing widespread fascination with a picture of a
Confederate bill printed in a local newspaper, Upham bought the engraved
plate from the paper."
The newspaper was Philadelphia Inquirer, which ran a story about how a
representative from the paper had obtained an electroplate that could
produce an almost perfect replica of a Confederate five dollar bill.
(c) The article then said, "Suddenly Upham's mementoes started working their
way South, carried by Union soldiers on the march and blockade-runners on
the prowl.
Union soldiers wanted to spread the fake to harm economy of the South. The
North blockaded the South in the Sea; blockade-runners were Southerners who
aimed to make quick profit by knowingly bringing in fake, in the process
also undermining the South.
(d) facsimile (n; Latin fac simile make similar): "an exact copy"
(e) posse (n; Medieval Latin posse comitatus, literally, power or authority
of the county): "a body of persons summoned by a sheriff to assist in
preserving the public peace usually in an emergency"
(f) ne plus ultra (n; New Latin, (go) no more beyond): "the highest point
capable of being attained : ACME" |
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