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Revealing fake money
Highlights in Chemical Science ^ | 02 July 2010 | Rebecca Brodie

Posted on 07/02/2010 10:00:04 PM PDT by neverdem

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The abstract links a FReebie.
1 posted on 07/02/2010 10:00:09 PM PDT by neverdem
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To: neverdem

And the mass spec costs a hundred grand to buy and a thousand a month to run (vacuum pumps, standards, consumables).

This will make money more expensive.


2 posted on 07/02/2010 10:03:59 PM PDT by DBrow
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To: DBrow

>And the mass spec costs a hundred grand to buy and a thousand a month to run (vacuum pumps, standards, consumables).
>
>This will make money more expensive.

Well, there has to be SOMETHING to counter-balance all that money we’re printing...
[/semi-sarc]


3 posted on 07/02/2010 10:10:34 PM PDT by OneWingedShark (Q: Why am I here? A: To do Justly, to love mercy, and to walk humbly with my God.)
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To: DBrow
And the mass spec costs a hundred grand to buy and a thousand a month to run (vacuum pumps, standards, consumables).

This will make money more expensive.

How so? Most decent forensic labs probably have a mass spec already.

4 posted on 07/02/2010 10:29:06 PM PDT by neverdem (Xin loi minh oi)
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To: DBrow

That’s why you buy the equipment with counterfeit money...


5 posted on 07/02/2010 10:29:11 PM PDT by verum ago (Praise the Lord and pass the ammunition!)
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To: neverdem

They may have a GC/MS or LC/MS, but to do the money analysis you need a DESI front end. And if you are processing a thousand bill samples, that’s a thousand other samples you can’t run, like meth lab stuff or coke determinations.

Which adds to the backlog, so some bureaucrat buys another MS/DESI unit or two per forensics labs to keep ahead of the backlog, and those millions add up, making “clean” money expensive.

Most FBI labs have considerable backlogs already for fancy analyses.

On TV there are never backlogs, the CSI shows always have a GC/MS or PCR setup just waiting for this week’s samples, and the answers are available after one commercial break.


6 posted on 07/02/2010 10:42:37 PM PDT by DBrow
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To: verum ago

Yeah, I wish I had thought of that!


7 posted on 07/02/2010 10:43:41 PM PDT by DBrow
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To: verum ago

I’m convinced most counterfeit money is printed by countries in conflict. Every country has the engravers, printing presses, etc. that could easily print the money of other countries as well as their own.

Does anyone doubt China is printing U.S. greenbacks this very minute?


8 posted on 07/02/2010 10:44:39 PM PDT by BigBobber
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To: neverdem

I don’t see what difference it makes if I print money in my basement, or Obama prints it at the treasury.


9 posted on 07/02/2010 11:01:23 PM PDT by lawnguy (The function of wisdom is to discriminate between good and evil-Cicero)
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To: DBrow
They may have a GC/MS or LC/MS, but to do the money analysis you need a DESI front end. And if you are processing a thousand bill samples, that’s a thousand other samples you can’t run, like meth lab stuff or coke determinations.

So infrared spectra won't satisfy the standards of forensic chemistry for simple chemical identification?

10 posted on 07/02/2010 11:08:08 PM PDT by neverdem (Xin loi minh oi)
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To: Brazil and the US

Who cares? I'll just go in the ladder business.

11 posted on 07/02/2010 11:09:51 PM PDT by I see my hands (_8(|)
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To: lawnguy
I don’t see what difference it makes if I print money in my basement, or Obama prints it at the treasury.

Or the North Koeans either, but tell that to the gov't.

12 posted on 07/02/2010 11:10:59 PM PDT by neverdem (Xin loi minh oi)
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To: neverdem
Good to see a reliable method being arrived at. However 'queer' will still get through until a tool such as this is available in every bank and money exchange world-wide.
Right now, it is not uncommon for a month long wait for US denominations to be 'declared genuine and acceptable' in banks outside the US. Already, certain serial number groups, even on good genuine bills, are deemed non-acceptable due to 'queer' being found with these serial #'s and notification sent out on these number sequences.

You can imagine the frustration this can cause. So, when tools like these are small enough, simple enough and easy-to-use enough that they can be widely made available...then you will see it actually making a dent in fake money transactions.
13 posted on 07/02/2010 11:31:20 PM PDT by Tainan (Cogito, ergo conservatus)
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To: Tainan

A better way than trying methods to detect fake dollars is to...
not make paper dollars, euros, etc. in the first place.

Peg the US dollar to gold at, for instance, $2000 per ounce and replace all honest $100 notes with 1/20th ounce Gold coins.


14 posted on 07/03/2010 12:14:40 AM PDT by Aroostook25
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To: Tainan

“You can imagine the frustration this can cause. So, when tools like these are small enough, simple enough and easy-to-use enough that they can be widely made available...then you will see it actually making a dent in fake money transactions. “

The counterfeiters will find a way to adapt to whatever detection methods are implemented. Clearly, the only effetive solution is to eliminate currency altogether and create a global cashless economy. Every person will need a fraud proof identification tag that can be read simply and cheaply at any point of sale terminal. Perhaps a UV readable barcode tattoo on the right hand or forehead...

Such a system will deter a lot of other criminal activity besides counterfeiting. The mark of the beast is necessary and inevitable.


15 posted on 07/03/2010 12:20:05 AM PDT by UnChained ( I am sending you out as sheep among wolves; so be as cunning as serpents and as innocent as doves)
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To: Aroostook25

“Peg the US dollar to gold at, for instance, $2000 per ounce and replace all honest $100 notes with 1/20th ounce Gold coins.”

That would be an excellent solution but I bet the government will choose instead to eliminate cash


16 posted on 07/03/2010 12:25:36 AM PDT by UnChained ( I am sending you out as sheep among wolves; so be as cunning as serpents and as innocent as doves)
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To: I see my hands

“Who cares? I’ll just go in the ladder business.”

I really tried, but I can’t figure out what that means, give me another clue.


17 posted on 07/03/2010 12:44:47 AM PDT by UnChained ( I am sending you out as sheep among wolves; so be as cunning as serpents and as innocent as doves)
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To: verum ago

So, is this going to put the biggest counterfitter, the Federal Reserve, out of business?


18 posted on 07/03/2010 12:54:42 AM PDT by Leisler ("Over time they create a legal system that plunders and a moral code that glorifies it." F. Bastiat)
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To: neverdem

This is another reason why the drive to UEF (Universal Electronic Transfers) will accelerate.

Elimination of all paper currency, only transactions under $100 to be exempt, the advantages (so they will say) will be safety, security and complete accountability.

It will also allow the Fed to cook the electronic books on a scale Ponzi could only fantasize about.


19 posted on 07/03/2010 2:55:03 AM PDT by mkjessup
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To: Aroostook25

Peg the US dollar to gold at, for instance, $2000 per ounce and replace all honest $100 notes with 1/20th ounce Gold coins.


We have a winner!


20 posted on 07/03/2010 7:23:36 AM PDT by Atlas Sneezed (Anything worth doing, is worth doing badly at first.)
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