Counterfeit Money: The History of Fake Currency

Counterfeit Money: The History of Fake Currency

The global economy today isn’t in the best shape it’s ever been. With the on-going financial crises taking place both in the US and around the world, people are losing their faith in the financial system as the cost of living keeps rising higher and higher and the value of their savings continues to fall. However, beyond the justified concerns about the way the big banks are conducting business, there is an underestimated threat to the economy to which we often don’t pay a great deal of attention: currency counterfeiting.

Currency counterfeiting is and has for a long time been a major problem in the US and abroad, and anyone who’s had their money declined at the point of sale will tell you of the troubles forgeries can cause. At the present time of writing, it is estimated by some economists that as much as $220 million of forged bills could be in circulation in America right now. Suffice it to say, for certain unscrupulous fraudsters, the counterfeiting game is big business.

In this eye-opening infographic from IronFX, we’ll see what the story really is behind currency counterfeiting. Where and when did the war against forged cash in the US begin? What sorts of measures have been employed by the authorities in an attempt to put a stop to the trade in funny money? Where are the world’s big counterfeiting hotspots? Who are some of history’s most illustrious counterfeiters? Read on, and this infographic will bring you up to speed on the true price of free money.


Saved Articles

The Life and Career of Charlie Munger

Charlie is more than just Warren Buffett’s friend and Berkshire Hathaway’s Vice Chairman – Buffett has actually credited him with redefining how he looks at investing. Now you can learn from Charlie firsthand via this incredible ebook and over a dozen other famous investor studies by signing up below:

  • Learn from the best and forever change your investing perspective
  • One incredible tidbit of knowledge after another in the page-turning masterpiece of a book
  • Discover the secrets to Charlie’s success and how to apply it to your investing
Never Miss A Story!
Subscribe to ValueWalk Newsletter. We respect your privacy.

What’s missing today for many investors is real, straightforward advice.

Especially when it comes to Value Investing and Hedge Funds. 💵

That’s what makes ValueWalk Premium different. Some would say we’re “unusual.”

Our subscribers look forward to clear, easy-to-understand information they can act on.

Sign up for  today for only a few dollars a day and get a 3 day no obligation trial with a targeted 20% discount coupon code.

Cancel anytime during trial and you are never charged.

Limited time offer: For first 50 subscribers