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Metropolis Reality Forums « Changing the Color of Money »

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   Changing the Color of Money
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MzWings
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Changing the Color of Money
« on: Oct 9th, 2003, 5:47pm »
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http://www.foxnews.com/story/0,2933,99524,00.html
 
Thursday, October 09, 2003
By Amy C. Sims
 
 
Andrew Jackson (search) is getting a lively new makeover by the U.S. government, which has freed him from his former frame and brightened up his background on the new $20 bill, entering circulation through commercial banks today.
 

 
These changes aren’t an exercise in vanity – the $20 bill (search) is a counterfeiter's favorite muse, regularly dispensed from ATM machines and toted in wallets but rarely checked by merchants for authenticity. In an attempt to stay ahead of copying crooks, the U.S. government is getting clever with cash.  
 
“In the fiscal year of 2001, $600 billion were in circulation and out of that $49 million in counterfeit currency was passed on the public,” said Mitchell. “World-wide, about one dollar for every 12,400 in circulation is counterfeit.”  
 
« Last Edit: Oct 10th, 2003, 9:49am by MzWings » IP Logged

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