Hi there folks!
I just thought of the idea to legally increase the money supply temporarly by writting a lot of checks.
It’s just a thought and I wonder does it hold water or it just nonsens?
-.:Shakaman:.-
I don’t think cheques even count as ‘money’. And won’t your attempt fail as soon as they all bounce?
Correct, hence the “temporary” increase in the money supply. Wouldn’t it be possible to suspend the checks (like delay the mailman) and then use the new money, invest it, get payed and then pay the checks?
Welcome to Mises.org Mr. Madoff!
Not helping? I actually don’t know if that is intended as a welcome phrase or a get lost comment…
Could you just answer Yes/No and explain why thanks 
What do you mean ‘legally’ increase the money supply ? If you increase the fiat money supply, using checks in your case, you are just a counterfeiter. And there no such thing as legal counterfeiting. Yes, the gov’t counterfeits money and claims it’s legal. But, they are lying.
By legally I mean within the law. But then my thought was correct just that I was not able to formulate it with all the words.
And of course it’s illegal, but the government thinks it’s better for us ..
Anyone have a word list with all these fancy words and there meaning?..
(English is not main language)
Thank you Juan!
Sorry.
Joke.
Sounds like fraud to me.
No, only the state is allowed to do that.