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From NK Border: Supernotes, Defacto Currency of N. Korea(Truly Bizzare Development)
The Daily NK ^
| 07/31/06
| Kwon Jung-hyun & Shin Ju-hyun
Posted on 07/31/2006 8:07:03 AM PDT by TigerLikesRooster
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To: TigerLikesRooster
Fake bankrupt philosophy, fake country, fake leader, fake money.
The glory and reality of communism.
21
posted on
07/31/2006 9:05:39 AM PDT
by
garyhope
(It's World War IV, right here, right now courtesy of Islam.)
To: bk1000
This has been going on for a very long time. It is one of the reasons the U.S. changed its currency
As with the former Soviet Union, one of the huge obstacles for communist countries to overcome is a lack of hard currency. They cannot trade with worthless commie money so they have to acquire hard currency.
There are four major ways the NK government gets hard currency. Exportation of ballistic missiles, the Japanese Pachinko industry (I'm not kidding), manufacture and distribution of illicit drugs, and printing counterfeit dollars. They have gone as far as to make their foreign embassies generate operating funds through drug trafficking, using diplomatic pouches to smuggle drugs.
22
posted on
07/31/2006 9:07:47 AM PDT
by
USNBandit
(sarcasm engaged at all times)
To: TigerLikesRooster
23
posted on
07/31/2006 9:12:21 AM PDT
by
aculeus
To: Gay State Conservative
Actually,I'm surprised that sophisticated counterfeiters don't go for the 100 and 500 euro notes,particularly the 500...which is worth almost $600.That is,unless it's more difficult to copy than our notes. The europeans did something smart. The larger denomination Euro bills are physically larger than the smaller denomination ones. That way you can't bleach a 5 Euro bill to get the paper to print a 500 Euro bill. And that's on top of their other security features like watermarks.
24
posted on
07/31/2006 9:14:02 AM PDT
by
KarlInOhio
(Loose lips sink ships - and the New York Times really doesn't have a problem with sinking ships.)
To: TigerLikesRooster
To: TigerLikesRooster
Maybe it's time North Koreans were introduced to monopoly money. They can also set up monopoly atms and use the British monopoly debt card.
To: TigerLikesRooster
I'll donate the money from my Monopoly game to help the starving North Koreans. We usually ate popcorn while playing so our Monopoly money might at least smell of butter.
27
posted on
07/31/2006 11:44:53 AM PDT
by
Thud
To: Thud
The Monopoly game has gone hi-tech - there are now ATM cards available for those who wish not to handle large quantities of cash.
Cant wait to see the credit card version....
28
posted on
07/31/2006 11:53:43 AM PDT
by
alloysteel
(My spelling is Wobbly. It's good spelling, but it Wobbles, and the letters get in the wrong places.)
To: TigerLikesRooster
very interesting post.
Thanks for your translation.
29
posted on
07/31/2006 2:39:37 PM PDT
by
gaijin
To: quack
To: TigerLikesRooster
Correction:
the value N. Korean currency --> the value of N. Korean currency
To: TigerLikesRooster
If they print over a real lower denomination U.S. bill, the plastic thread will be in the wrong place (easily detected) or and have the wrong denomination (easily detected under a microscope), besides the watermark already noted.
This is a bad joke.
32
posted on
07/31/2006 7:00:51 PM PDT
by
Lonesome in Massachussets
(NYT Headline: 'Protocols of the Learned Elders of CBS: Fake But Accurate, Experts Say.')
To: TigerLikesRooster
He continues, "Merchants do not accept N. Korean currency, because they do not trust it. If price rises a few dozen fold overnight as in 2002, they would lose most of what they earn. If you have dollars, you can do anything, but the real dollar is scarce. That is why they use the fake dollars." Boggle boggle (my mind talking to me)
33
posted on
07/31/2006 7:07:06 PM PDT
by
toros
To: TigerLikesRooster
Why don't we just outsource the printing of our currency to North Korea. We might save some money that way. Heh, heh!
34
posted on
07/31/2006 7:08:12 PM PDT
by
Panzerlied
("We shall never surrender!")
To: TigerLikesRooster
35
posted on
07/31/2006 11:57:29 PM PDT
by
nw_arizona_granny
(God gives us one day of life at a time..Is he proud of his gift to you this day?)
To: TigerLikesRooster
>>>>that fake foreign currency produced in a country turned into its defacto currency
Too funny! That would be like the Quickstop gas station in Leesburg only taking Confederate script.
36
posted on
08/01/2006 4:41:20 AM PDT
by
.cnI redruM
(The Right must repudiate Durka-Durka Buchanan Jihad.)
To: USNBandit; alloysteel; TigerLikesRooster; Gay State Conservative; Czar
When we change over to the Amero this counterfeiting in NK will be cited as one of the reasons why it is appropriate.
37
posted on
03/26/2007 9:14:31 AM PDT
by
B4Ranch
("Steer clear of entangling alliances with any portion of the foreign world." -George Washington-)
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