Funny Money
Sometimes I do computer support work for the post office in one of
the small towns near me. They pay their bill with a Postal Money
Order. Think about it. Money orders are something the Post Office
sells - they take your cash and give you the money order and
sometime later they have to give the cash back to somebody. So what
about this one I get that they didn't really sell - or did they - to
whom? Or, looking at it another way, did they buy the postal money
order so they could pay me with it, and if so, from whom? Do they
have to pay the money order fee - to whom? Is there a bank account
the money comes from to buy the money order? Or, are we drawing on
some giant Postal or U.S. government fund? How does the accounting
for all this work?