China prints genuine US dollars - how easy can this be done?

Question

If you woke up to the news China's piracy potentates print exact copies of US dollars into their market, would you be surprised? How easy, with the backing of a secret government, can some foreing scientists and money designers develop softwares to print dollars?

Answer 1

maybe its already happening

Answer 2

I'm not exactly sure if its easy at all for a government other than the US to make an exact replica of anyone of the US bills. I watched a movie in my ecoonomics class in college about how to make a dollar. It starts out with jeans that are laundered and laundered and bleached until they are white. Then they are died the creamish color they are now. Little blue and red hairs are put into the dollar too. The hardest part to recreate with software would be the watermarks. Did you know that the plates that stamp the bills are hand carved on a silver plate. There is only one master copy and all the stamps are made from that single slab. I once saw a one dollar bill that was washed (probably through the laundry) mulitple times with a $100 bill face re-printed on it. It was the best counterfeit bill I'd ever seen! For more info read up on this:
http://www.moneyfactory.gov/

Answer 3

It is in my personal knowledge of forgery that it is not easy at all to make the US dollar. Please note that all that i am about to tell you is illegal so don't try it at home. First you must acquire a printing press from the US Treasury and there has only been one that has ever left the US Treasury and it was a gift to another country but it somehow ended up on the Black market. Next you must acquire or forge the plates of whatever bill that you wish to produce. This is very hard because the slightest mistake in the plates and a bank or wherever you try to disperse of the money that is run by the government will immediately pick up on it and you will arrested. Another obstacle you must overcome is the special paper that the money is printed on. It derives in India and they ship it to the US where we in simplest terms melt it down and mix in the blue and red fibers that you can see on the money sometimes. Last but certainly not least you must put all the different anti-forgery measures on the money such as the shadow of the picture and the micro text and the other various things on the money that the treasury has recently done and been doing to try to prevent forgery.

Answer 4

There is speculation that North Korea has already done this, and quite effectively. Fortunately, there is an ocean between us, and the presence of the physical dollars would be difficulty to have on U.S. soil (since all travelers must declare the amount of currency they are carrying - and our counterfeit detecting technology is pretty good). The concern would be that counterfeit currencies would be accepted by non-U.S. banks and then transferred to U.S. accounts. However, in this case why even bother trying to print the phony money - it'd be far easier to simply co-opt a bank and transfer the currencies.

Alas, we also monitor international monetary transfers, especially large ones.

Answer 5

Not too easily. U.S. paper currency is quite a bit more complicated than meets the human eye. Unhappily, the untrained eye of a shop clerk living in a third-world country generally won't even make an effort to catch a fake bill - as long as its convincing enough to dupe his patrons. This is really only the tip of the ice burg in China's deliberate efforts to undermine our country and our capitalist way of life. Consider all of the intellectual property they steal from us, such as pirating our software and entertainment not to mention the unethical child labor they employ in the typical red factory. Why America even does business with this commy government defies logic! And if you want to confirm my assertion, just look at where most of the products we buy, come from. If we boycott China, Walmart would cease to exist!

Answer 6

I think just like the internet, everytime a software comes out to stop viruses and trojans on computers, there is always computer hackers and geeks trying to create new ones. Why software constantly has updates and every year there is new software.

Just like well known name brand copies are always being copied even though they are trademarked. Just like money and checks keep being counterfeited, people are always looking for new ways to steal and copy illegally. That is why we have changed our currency over the years. And I believe it will have to keep changing in order to avoid counterfitters. Fortunately, bankers are trained to detect counterfeit money.

Answer 7

It wouldn't be in China's interest currently to print dollars since they are one of the world's largest holders of U.S. dollar reserves. If they increased the supply of dollars they would:

A) Lower the value of their own reserves.

B) Make the currency of their largest export market (the U.S.) fall, forcing many of their export customers to look elsewhere for the goods they need.

C) Force China to buy more and more dollars to keep their currency pegged to the dollar (to keep their U.S. export market alive and well).

Answer 8

Are you kidding us,how is that China truly prints our money.That is so wrong,I don't think they should be able to copy anything of ours,but they do and get away with it,also they market and sell their products cheaper than we do and Americans buy products from China,I say buy American say no to things made in China,keep our own employed.

Answer 9

They could not be exact copies as there is only one engraved plate, and even if they hired the same engraver, it would be imposibble for him to reproduce ann exact replica of that plate

Answer 10

No I would not be surprised.They may as well start printing it, we owe them enough already. Maybe the only way they can get payed back!