That is an interesting analysis Glenn and a different viewpoint.
I got the impression the well know state of fraud was really due to the BUYERS, not the conterfiters.
Witness "prohibition" most people paid high dollar for mouth wash tinted with asphalt.
Non drug users today say the REAL massive drug problem today is the BUYERS , , , ,Not the dealers.
Have you seen the early morning infomercials, send in thirty bucks and start your million dollars a week Ebay sales !