Monday, December 29, 2008

Unintended Consequences

Sophisticated counterfeiting with commercial printing presses and painstakingly hand-etched plates is so 20th-century. Now, American crooks are all about low-margin counterfeiting with inkjet printers or color copiers, making poor copies just barely good enough to hand off at a convenience store or bar. My favorite part of this story is how the government's incredibly expensive anti-counterfeiting measures have enabled amateurs:
Part of the problem, [22-year Secret Service veteran] Green said, is that the government has changed the money so much to foil counterfeiting. With all the new bills out there, citizens and even many police officers don’t know what they’re supposed to look like.
Go figure.

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