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<p>[QUOTE=&quot;daveydempsey, post: 2905517, member: 29458&quot;]The U.S. counterfeited notes throughout the war partly in an attempt to <a href="https://en.wikipedia.org/wiki/Hyperinflation" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Hyperinflation" rel="nofollow">destabilize the local economy</a>, thereby demoralizing the Japanese, and to supply guerillas fighting the Japanese. <a href="https://en.wikipedia.org/wiki/Douglas_MacArthur" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Douglas_MacArthur" rel="nofollow">General MacArthur</a> asked the <a href="https://en.wikipedia.org/wiki/Office_of_Strategic_Services" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Office_of_Strategic_Services" rel="nofollow">Office of Strategic Services</a> (OSS) to replicate the Japanese currency in the Philippines for his eventual return. By luck, a supply of paper made from plants native to Japan was located in the U.S.<a href="https://en.wikipedia.org/wiki/Japanese_invasion_money#cite_note-Slabaugh-2" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Japanese_invasion_money#cite_note-Slabaugh-2" rel="nofollow">[2]</a> When that supply was exhausted the counterfeiting operation was transferred to Australia. In 1943 MacArthur requested and received the following counterfeited notes; five million 10-Peso notes, three million 5-Peso notes, one and a half million 1-Peso notes and five hundred thousand 50 centavo notes.<a href="https://en.wikipedia.org/wiki/Japanese_invasion_money#cite_note-psywarrior-6" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Japanese_invasion_money#cite_note-psywarrior-6" rel="nofollow">[6]</a></p><p><br /></p><p>Counterfeit Japanese Invasion Money was produced by the <a href="https://en.wikipedia.org/wiki/Commonwealth_Bank_of_Australia" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Commonwealth_Bank_of_Australia" rel="nofollow">Commonwealth Bank of Australia</a> (CBA), at the time Australia&#039;s central bank[/QUOTE]</p><p><br /></p>

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