19 0 obj <>/ProcSet [/PDF /Text /ImageB /ImageC /ImageI ]/XObject <<>>>>/Type /Page >> endobj 12 0 obj <>/ProcSet [/PDF /Text /ImageB /ImageC /ImageI ]/XObject <<>>>>/Type /Page >> endobj Change ), You are commenting using your Facebook account. An enormous amount of counterfeit money is in circulation throughout the world even today, and some of it is of a really high quality, to make its identification all the more difficult, if not impossible. Sorry, your blog cannot share posts by email. The counterfeit portrait is usually lifeless and flat. 9 0 obj <>/ProcSet [/PDF /Text /ImageB /ImageC /ImageI ]/XObject <>>>/Type /Page >> endobj Close inspection reveals, however, that on the counterfeit note the lines are printed on the surface, not embedded in the paper. }��G(��q�~�f����R���z�=�>Fu&�mUa�����+���x}��L��x^=[J�#���>J{*I��–��7�|��ԧ� ݅�b-�k;���w}��L���.w����^_}ι�0�.p;��_m�R����b. 33 0 obj <>/ProcSet [/PDF /Text /ImageB /ImageC /ImageI ]/XObject <<>>>>/Type /Page >> endobj When metal money or coins were in circulation, counterfeiting was done by mixing base metals – copper, aluminum, lead, zinc, tin, and iron – with gold and silver, two metals that were predominantly used to make ancient coinages. Look at the money you receive. %PDF-1.3 %���� 8 0 obj <>> endobj © 2000-2019 Sandbox Networks, Inc. All Rights Reserved. It was a serious problem during the 19th century when banks issued their own currency. 5 0 obj <> endobj x��kC�H��� ( Log Out /  The practice of counterfeiting became more refined with the arrival of paper currency. FactMonster.com is certified by the kidSAFE Seal Program. Some of the ill-effects that counterfeit money has on society are a reduction in the value of real money; and increase in prices (inflation) due to more money getting circulated in the economy – an unauthorised artificial increase in the money supply; a decrease in the acceptability of paper money; and losses, when traders are not reimbursed for counterfeit money detected by banks, even if it is confiscated. Factmonster is part of the FEN Learning family of educational and reference sites for parents, teachers and students. And, such instances were not limited to a certain region, but were prevalent all over the world. There have been two rounds of Quantitative Easing, QE 1 and QE 2. Mind you, Monopoly money will be hard to pass as genuine. ���T��oU}��t`�q��δS����D������w�sF����,_�wP_t�e挾��h�̰-�l�ī��G>�3m��q*�j��R�B����Ȧm�z&t@��Vw,��yõ�:�G1X��9 �'�1cd���T����Z����_e�Q�Ѭ�Ϋ[.�z����^NG3��-pc�߽4���`������XI�p�t*l�i�@* ���檃�O�3� Fill in your details below or click an icon to log in: You are commenting using your WordPress.com account.