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Rumor control regarding what notes get re-issued from the Feds
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<p>[QUOTE="NOS, post: 293897, member: 2098"]I would have to say not much at all, that is just hype put out by the SS. The SS likes to say that counterfeits can cause people to lose faith in their currency which will hurt the economy as you said but they also point out that most people will never encounter a single counterfeit in their entire lifetimes! Perhaps they feel job security by putting such hype out, give them some pride in arresting a 12 year old for making a five dollar bill in his house. Counterfeit notes account for an extremely small ratio of genuine notes printed. When North Korean counterfeits are found hidden on a ship or elsewhere, it is often just one or two thousand dollars worth in fakes. Compare that with one full block of genuine hundreds, more than 99 MILLION notes. The North Korean "super notes" arent so super afterall because obviously they are shown to be fake or no one would be any the wiser.[/QUOTE]</p><p><br /></p>
[QUOTE="NOS, post: 293897, member: 2098"]I would have to say not much at all, that is just hype put out by the SS. The SS likes to say that counterfeits can cause people to lose faith in their currency which will hurt the economy as you said but they also point out that most people will never encounter a single counterfeit in their entire lifetimes! Perhaps they feel job security by putting such hype out, give them some pride in arresting a 12 year old for making a five dollar bill in his house. Counterfeit notes account for an extremely small ratio of genuine notes printed. When North Korean counterfeits are found hidden on a ship or elsewhere, it is often just one or two thousand dollars worth in fakes. Compare that with one full block of genuine hundreds, more than 99 MILLION notes. The North Korean "super notes" arent so super afterall because obviously they are shown to be fake or no one would be any the wiser.[/QUOTE]
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