Two NJ high school students arrested for attempting to stimulate the economy
Two New Jersey high school students are accused of counterfeiting and selling the fake bills to classmates.
Police said they are still trying to determine how much money the 16-year-old sophomore and 17-year-old junior at Colts Neck High School printed.
Detective Sgt. Joseph Whitehead said the boys sold the fake $10s and $20s in exchange for real cash in smaller denominations.
Officials said some of the money was used in the school cafeteria. Workers discovered the funny money and alerted school administrators, who called police.
The boys are charged with forgery and were released to their parents.
Their names have not been released because they are juveniles.
You know where I was going to go with this… I’ll let one of the commenters on the article do it for me:
Ben Bernanke and Alan Greenspan aren’t juveniles. This is just another case of the government covering up for the Federal Reserve.
Giving out $10s and $20s in exchange for smaller denominations = giving out hundred of billions of dollars in exchange for worthless mortgage and debt securities of lower denominations.
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April 20th, 2009 at 8:11 pm
Also happened here
April 23rd, 2009 at 9:10 am
This stuff happens all the time. I know when color laserjet printers were getting better while I was in high school it was quite common.