I was referring to "paper money" in the abstract sense, i.e., currency not tied to a commodity with a limited supply (such as gold). You're right, of course, th

I was referring to "paper money" in the abstract sense, i.e., currency not tied to a commodity with a limited supply (such as gold). You're right, of course, that mere possession of sufficient quantities of literal paper money is even today de facto illegal—a situation I join you in deploring.