KLF Burnt A Million...Good Value Yet?

[cronus]

A while ago now, big news at the time - before the web got going though, probably would have sparked a few copycats with lesser amounts and less copycats with more these days? Value for money, yet?

[mistermack]

When you burn a million, it's just like sending a million to the chancellor.

He can print a new million to replace it, without devaluing the currency. So he gets a free million to spend.
Every year, millions in paper money is lost and/or destroyed, never to reappear.
Stuffed down the back of sofas, that get burned or put into landfill. etc etc etc.

It's a freebie for the government.

[NineBerry]

Justified and Ancient