on Mon, Mar 18, 2002, Jean-Marc V. Liotier (jim@jipo.com) wrote: > On Mon, 2002-03-18 at 20:42, Ron Johnson wrote: > > Apparently so. It's been 60ish years since WW2, the economy still > > functions, and taxes aren't confiscatorialy high (yet), so for us, > > the underground (or black) market is in stolen property, etc. > > If you sell me a piece of kit you very legally own, and I pay you in > cash, that's black market : no trace, no taxes paid. The property traded > is not necessarily illegal, it's just that the transaction is not > visible to the State. This is generally termed "grey" or "underground" market in the US. This generally doesn't connote illegal activity (though tax avoidance may be a motive). More usually, it's simply a market outside existing, established, channels. Somewhat analagous to P2P networking. Peace. -- Karsten M. Self <kmself@ix.netcom.com> http://kmself.home.netcom.com/ What part of "Gestalt" don't you understand? There is no K5 cabal http://gestalt-system.sourceforge.net/ http://www.kuro5hin.org
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