Posts Tagged ‘supernotes’

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North Korea’s costly assault on U.S. currency

May 22, 2015

The reason the U.S. has had to incorporate high-tech features into its currency wasn’t because of domestic crooks. It was to retard North Korea from its ongoing, coordinated attempts to flood the world with counterfeit notes and devalue the greenback. This information comes from testimony before Congress by Dr. David Asher. Rep. Al Green (D-TX) asked witnesses about counterfeit bills and merchandise yesterday:

Meanwhile, Pakistan has been doing the same thing to India, a phenomenon that has been ignored by Western media. It’s time for national security analysts to take note that counterfeiting is no longer a strictly criminal activity for profit, but a state-sponsored activity for political, war-making, diplomatic, and larger economic purposes.

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