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<p>[QUOTE="Teddydogno1, post: 2071143, member: 71226"]Interesting about "fraudulent banks". I guess when every bank's money looked different, it would be fairly easy to pass these off as legitimate. And with no central authority backing up these notes, if a legitimate bank failed or these fraudulent notes were passed, it was the note holder who lost. Not a good system in my mind. Centralized currency is much better in this respect.</p><p><br /></p><p>Rob[/QUOTE]</p><p><br /></p>
[QUOTE="Teddydogno1, post: 2071143, member: 71226"]Interesting about "fraudulent banks". I guess when every bank's money looked different, it would be fairly easy to pass these off as legitimate. And with no central authority backing up these notes, if a legitimate bank failed or these fraudulent notes were passed, it was the note holder who lost. Not a good system in my mind. Centralized currency is much better in this respect. Rob[/QUOTE]
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