Thursday, January 20, 2011
Found these images in a congressional testimony from a few years ago. It's about North Korea and how super-high-quality counterfeit $100 bills known as supernotes are smuggled into the US. Don't worry: There are only several hundred million such forgeries out there in circulation, compared to nearly $1 trillion worth of Federal Reserve Notes in total. Then again, there are also the counterfeits coming from Columbia. And Peru. And Nigeria. And Italy...
Could be a lot worse, though. We could be on the euro.
Posted by David Wolman at 2:26 PM
Saturday, January 1, 2011
Disregard the hair. Note the sign. Where are counterfeiters laundering their Benjamins these days? Dumpy ice cream shops at outlet malls in Woodburn, Oregon, apparently.
DW: Why don't you take anything bigger than a $20?
Server: We get a lot of counterfeits here.
DW: No S**t?!
Server: Really. Not that I would know if I was holding a fake or not.
DW: Therein lies the rub.
Posted by David Wolman at 7:46 PM