Dollars

13 Oct 2001 01:14 pm
karohemd: by LJ user gothindulgence (Default)
[personal profile] karohemd
Got some yesterday so I've got some cash and it raises a question:
How do the Yanks tell their money apart? All the notes are the same size and colour, just the number is different. Not very friendly for the hard of seeing/blind. Or just inconvenient. When I open my wallet, I know the little green one is a fiver, the orange one is a tenner and the large purple one is a twenty, all other countries I've been to have similar differences.
Oh, and they really look like Monopoly money... ;o)

Date: 13/10/01 06:01 am (UTC)
From: [identity profile] crocodilewings.livejournal.com
The US is the only nation with paper money that doesn't have different sized notes...

you learn these thigns from watching Martial Law

Forgery ;)

Date: 13/10/01 08:42 am (UTC)
From: [identity profile] borange.livejournal.com


the same size same paper thing is also the reason its easier to forge american money :)

Re: Forgery ;)

Date: 13/10/01 09:40 am (UTC)
From: [identity profile] crocodilewings.livejournal.com
yeah...you just get a bunch of $1 notes, bleach them white, and print over them with the markings of $100s.

That way you odn't have to worry about the little foil strips.

Who says Channel 5 isn't educational? :-)

Re: Forgery ;)

Date: 15/10/01 03:53 am (UTC)
From: [identity profile] uknc.livejournal.com
The reason they don't have to change it, as a currency decision, is because there is *SO MUCH* US currency in circulation (dollars are the defacto third - or possibly second - currency for the world), that changing it would be far too difficult, and forging it is effectively pointless.
In the early 1990s, the Iranian government used their presses to run off $100,000,000,000 US dollars in an attempt to cause the currency to crash. After this news was released, the dollar actually *rose* in value on the international exchanges.
Smal forgery is unstoppable, and the US largely doesn't even try - and currency manipulation is pointless, as if the cash value of all the money in the world were added up, more than 40% of it would be in dollars (the pound comes second, with 12%).
When your economy is that big, changing the design of your banknotes is a collossal undertaking, which is why it has never happened.

Date: 13/10/01 08:46 am (UTC)
From: [identity profile] wyrdness.livejournal.com
So there you go, forge your money and have a really good time! Woohoo! Or better, forge your money, then send others to buy stuff for you.... Then if they get caught you can run before they tell all ;)

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