Hacker News new | past | comments | ask | show | jobs | submit login

Rates for the US are around 0.01% of circulating notes.

As far as counterfeit currency being a danger to economies, check out Operation Bernhard [1] where Nazi Germany forged British bank notes to flood the economy, with the goal of causing rapid inflation that would be damaging to the government.

There's a good movie as well, from 2007, about the operation: Die Fälsche (The Counterfeiters) [2]. Definitely worth a watch.

[1] http://en.wikipedia.org/wiki/Operation_Bernhard

[2] http://www.imdb.com/title/tt0813547/




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: