Rich Giedroyc published an article in Numismatic News about an Australian lawmaker's satirical banknotes. Here's an excerpt - see the complete article online.
In 2011 it was suggested the United States issue a very high face value platinum coin as a way to bypass U.S. Congress needing to raise the nation's borrowing limit. The Federal Reserve and the Treasury rejected the idea of these trillion-dollar coins two years later. Congresswoman Rashida Tlaib resurrected the idea in 2020 as a way to fund monthly $2,000 stimulus payments until the end of the coronavirus pandemic. We've all seen where that idea went.
The latest attempt at addressing a shortage of funds has been recently unveiled by former Australian Liberal Member of Parliament Craig Kelly. His ‘Kelly Bucks' paper scrip may have been meant to draw attention to state and federal government debt, the U.S. Treasury and Federal Reserve no one is taking Kelly too seriously. Unfortunately for Kelly it is possible he may have violated the Copyright Act (1968). The Copyright Act (1968) is one of the two pieces of legislation governing the creation of vignettes appearing on Australian bank notes.
Kelly held a press conference on May 11 at which he attempted to draw attention to government debt that appears to be approaching $1 trillion Australian by showing off a pallet of his fake bank notes.
To read the complete article, see:
Ridiculous Currency Values to Fund Debt
Wayne Homren, Editor
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