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To: MeneMeneTekelUpharsin
Local sources tell me this: Counterfeit bills turned in to the Fed used to number 1-2 per YEAR.

Local sources are wrong. The Federal Reserve banks intercept tens of millions of dollars in counterfeit bills every year. And while that may sound like a lot there is between $800 and $900 billion in circulation at any given time.

15 posted on 04/14/2013 7:11:24 AM PDT by 0.E.O
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To: 0.E.O
The Federal Reserve banks intercept tens of millions of dollars in counterfeit bills every year.

Mostly local banks find the counterfeits. And they send them to the Secret Service, not the Fed.

The 800 billion figure isn't far off, but that's the total for the world, closer to 300 billion is the figure for the US.

But, you're the only other poster on this thread who figured out that this post was absolute and total, abject, ridiculous horse-hockey.

Meanwhile, the rest of the commenters wonder why they get laughed at a lot.

18 posted on 04/14/2013 7:43:52 AM PDT by AntiScumbag
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