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To: Don Lloyd who wrote (157)	1/28/2003 11:20:50 AM
From: TimF	Read Replies (1) \| Respond to of 445

But currency, counterfeit or otherwise is a bit different then a company's stock. If a company makes $100mil worth of counterfeit dollars it will depress the value of the dollar less (a lower percentage) then it will depress the value of its stock if it makes $100mil of new stock. For a company with a market cap of $1bil, $100bil increases the supply by 10%. It increases the supply of dollars by a negligible amount. Basically the counterfeiter steals the money from the rest of the country through inflation, but the inflation caused by $100mil is so little that it can be ignored most of the time. The "inflation" in stock supply however can be more serious for those effected because it is not spread around as much as the inflation caused by counterfeiters. Tim