Article

2004-06-02 Iraq-Jordan

Fake Money Undermines Confidence In Iraqi Dinar

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Posted by Super Hose 2004-06-02 02:32|| || Front Page|| [1 views since 2007-05-07] Top

#1 *cough* US Federal Reserve Notes are an ideal solution to your short and long term currency needs.

Posted by Shipman 2004-06-02 10:02:02 AM|| 2004-06-02 10:02:02 AM|| Front Page Top

#2 US Federal Reserve Notes are an ideal solution to your short and long term currency needs.

Yeah, nobody counterfits them.

Posted by Steve 2004-06-02 10:15:23 AM|| 2004-06-02 10:15:23 AM|| Front Page Top

#3 Some years ago, Iran made an abortive attempt to undermine the US dollar with a massive counterfeiting operation. It was a disaster, in that they effectively created a US mint in the Mideast. The hundreds of millions of expensive-to-print bills they printed undermined the other currencies in the region, including the Iranian; the now available dollars, still valuable, became the local currency of trade; the amount of money they *netted* was just a tiny fraction of their oil revenues, anyway; and the lifespan of paper money, at about 6 months, strongly limited the amount of paper that would actually leave the Mideast.

Posted by Anonymoose 2004-06-02 10:43:23 AM|| 2004-06-02 10:43:23 AM|| Front Page Top

#4 ...is a slight discolouration of the dye and a missing horse's head watermark.

I don't understand the problem it the conterfeit cash doesn't have a watermark - easily detectable. I guess just about anything becomes legal tender when the customer is packing an AK.

Posted by Super Hose 2004-06-02 2:29:58 PM|| 2004-06-02 2:29:58 PM|| Front Page Top

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