Counterfeiting of Money or Government Bonds
Counterfeit money is currency that is produced without the legal sanction of the state or government and in deliberate violation of the laws thereof; the United States Secret Service, better known as the official bodyguard detail for the President and/or the Vice President of the United States, their families, and/or other officials/dignitaries and/or their families, was initially organized primarily to combat the counterfeiting of American money; counterfeit government bonds are public debt instruments that are produced without legal sanction, with the intention of "cashing them in" for authentic currency or using them as collateral to secure legitimate loans or lines of credit.
Read more about this topic: Counterfeit
Famous quotes containing the words money, government and/or bonds:
“It is remarkable that there are few men so well employed, so much to their minds, but that a little money or fame would commonly buy them off from their present pursuit.”
—Henry David Thoreau (18171862)
“Our government is founded upon the intelligence of the people. I for one do not despair of the republic. I have great confidence in the virtue of the great majority of the people, and I cannot fear the result.”
—Andrew Jackson (17671845)
“Its rather grisly, isnt it, how soon a living man becomes nothing more than a collection of stocks and bonds and debts and real estate?”
—John Dos Passos (18961970)