$900K worth of counterfeit U.S. currency seized

[tbterryboy]

China is developing so fast it's going to dethrone the USA soon unless something is done about it.

USA wants to be the top power in the world, and I believe these things like the coronavirus hysteria, the counterfeit money and everything is just a stunt to slow down their economy.


Nobody wants to buy things anymore from them because the products might be contaminated. This goes for everything, from AliExpress to food. Therefore, the economy is stunted in this way.

This corona virus has really be spreading and it is creating a negative impact on deals from china. China is a country which is most vigorously involved into the international trade markets as they export most of their products. China has maximum number of production line.

There are a lot of commodities which are been produced by china in much cheaper price than they already are been circulating for. This might have perhaps motivated china to create countrified currencies and sell them for much cheap price than the actual value for the currency is. This is something they do each time though as Chinese products are much popular as they are cheaper.

[beerlover]

Seriously, everyone acts like $900k is a big amount of money but its insanely low considering how much cash is around the world, specially in dollar form. This is definitely on individual level and not something secret or big picture thing unless its just one party that got caught and 100 others went fine without getting caught.

I would probably just focus on finding the source of this, both the person who was receiving and the place that was making it, those are the real threats, hell even the person who asked for it is not as major threat as the place that made this because they now have the technology to print as many dollars as they want and if they just keep it away from USA and just use it in other nations for exchange, they could seriously get away with it.

[carlfebz2]

If you are looking for conspiracy theories Russia is accusing the US even for the new outbreak of Corona virus and they call it the new bio warfare to destabilize the economy which is already hammered by trade restrictions and sanctions and $900K seized is not a huge amount to destabilize the US economy and since they were able to identify counterfeit currencies they will be vigilant .

The Wuhan Institute of Virology, located 20 miles from the epicenter, may be the most likely source of recent corona virus infection. Its been claimed SARS was leaked perhaps accidentally from a laboratory there in 2004.

Corona virus infects the lungs. Infection isn't spread by eating raw meat or unusual meals. Images and clips of chinese eating bats and other things see like the cover up story for what really occurred.

Don't forget only one shipment of counterfeit bills was intercepted. There could have been 10 shipments. 100. 1000. Who knows. Like I said before which everyone ignored: Its not what you see that is dangerous with counterfeit. Its what you don't see.

Lots of things that havent seen yet which is indeed more dangerous than on the current thing we have seen.It might be a little bit off topic but
that current corona virus wont really be that different with SARS.You can connect things up and the plausible chance is high.The thing here is that
they do cover it out to divert publics mind and wont really know the true story behind.Same goes to this counterfeit thing and we dont know
if there were hundreds or thousands of shipments had already done in the past.

[darewaller]

I would rather say, China is a country which is getting most advanced and also they do have alternative for each and every commodity so why would not be the case with counterfeit US dollars? This is not the first time I am going through any such news, but previously even larger number of counterfeit currencies are been seized by a number of countries and not only the US.

This might not start any trade war as there might be no such intentions but just they would like to sell fake currencies to the US in order to generate revenue for their own sake. This is the most contagious tendency and I am sure there would be some means and modes to identify and eliminate such counterfeit currencies because those can unbalance the economic conditions of the specific country.

[hello_good_sir]

I doubt that this has anything to do with the trade war. In fact, this has nothing to do with global trade.

I do think that it's simply a coincidence. Countrfeit currency is not something that is new to the US (when you consider that the secret service was initially designed to combat this issue anyway). $900k worth of counterfeit currency is barely enough to make a drop in the ocean, so it's much more likely that rogue actors are individuals/organised crime than from the perspective of a state.

But yeah, this is one of the weaknesses of physical fiat that I think governments will look at and use as a reason to move towards cashlessness further and further.

[wxxyrqa]

I doubt that this has anything to do with the trade war. In fact, this has nothing to do with global trade.

I do think that it's simply a coincidence. Countrfeit currency is not something that is new to the US (when you consider that the secret service was initially designed to combat this issue anyway). $900k worth of counterfeit currency is barely enough to make a drop in the ocean, so it's much more likely that rogue actors are individuals/organised crime than from the perspective of a state.

But yeah, this is one of the weaknesses of physical fiat that I think governments will look at and use as a reason to move towards cashlessness further and further.

A significant part of the money is in use and does not go through banks for a very long time, and you also need to take into account the fact that the activities of counterfeiters practically do not stop and therefore there is always something to withdraw from circulation.  I believe that this seizure of a large amount of counterfeit funds is just another government action from many of the planned activities.

[exstasie]

The Wuhan Institute of Virology, located 20 miles from the epicenter, may be the most likely source of recent corona virus infection. Its been claimed SARS was leaked perhaps accidentally from a laboratory there in 2004.

Corona virus infects the lungs. Infection isn't spread by eating raw meat or unusual meals. Images and clips of chinese eating bats and other things see like the cover up story for what really occurred.

2019-nCoV could have been biologically engineered, or simply studied at the Wuhan Institute and released in a lab accident. That still wouldn't rule out animal-to-human communicability. The jury is still out regarding how the outbreak happened.

Some interesting reading on the conspiracy theory angle: https://www.sciencemag.org/news/2020/01/mining-coronavirus-genomes-clues-outbreak-s-origins

I think this is a pretty reasonable opinion:

It’s not just a “curious interest” to figure out what sparked the current outbreak, Daszak says. “If we don't find the origin, it could still be a raging infection at a farm somewhere, and once this outbreak dies, there could be a continued spillover that’s really hard to stop. But the jury is still out on what the real origins of this are.”

Don't forget only one shipment of counterfeit bills was intercepted. There could have been 10 shipments. 100. 1000. Who knows. Like I said before which everyone ignored: Its not what you see that is dangerous with counterfeit. Its what you don't see.

Do you see a connection between the two events (a perhaps bio-engineered corona virus and the counterfeit operations)? Two covert methods of warfare?

[LeGaulois]

Do you see a connection between the two events (a perhaps bio-engineered corona virus and the counterfeit operations)? Two covert methods of warfare?

I didn't understand your idea first but I got it now, you're referring to the USA vs China? 2 weeks after the preliminary trade agreement signed, when China promised to buy in mass American products?

It doesn't make sense from the USA side...unless the USA accepted to sign it with an idea behind, slowing down the Chinese economy (i.e Hunday is now forced to stop its production) and European too since the EU economy depends a lot on China nowadays

To bring hatred to china so that the population will accept a war, the USA style btw, but only $900k? The same news would need to appear twice a month for many months to work.

[stompix]

Counterfeiting $1 dollar bills could imply the motive is for the counterfeiting op to go undetected for as long as possible. Which could mean it is a large scale attempt to collapse the US economy or wage economic/financial warfare. Or that there is some other strategy or motive in play.

Also for those who say fiat money has an advantage in terms of it not being vulnerable to 51% attacks. Counterfeit cash could be their 51%.

It might be good in theory but this invalidates also the conspiracy theory
Why would a foreign power make this attack this way?
Forging 1$ bill then sending them in batches of 900k parcels? Not really a covert operation, isn't it?

How about doing this...
Inserting fake dollar bills in every pack that is transacted when people are exchanging yuans for usd when leaving China?
Not only they will prop up their currency but also they would do this from the safety of their media controlled country with nobody finding out.
Also, why not do this in other countries where they have far more influence and could get away with it?

Shipping packs of fake currency and ..doing so from exactly China!!!! , this is no secret operation.

The US Secret Service seized $30 million in fake cash in the agency's biggest bust ever
https://www.businessinsider.com/r-us-peru-seize-30-million-in-fake-dollars-biggest-bust-ever-2016-11
Turkey seizes $271m in counterfeit US currency
httpp://www.middleeastmonitor.com/20190722-turkey-seizes-271-mln-in-counterfeit-us-currency/
Nothing new.

Besides..
Why could china want to collapse the economy of the US?
So they don't have to whom they sell their merchandise anymore?
Not really a great plan, isn't it?

[coinoutraged]

I think it's just a coincidence and not part of a trade war. Replicating things is like such a big part of the Chinese worker, that obviously some are going to replicate hundred dollar bills.

[exstasie]

Do you see a connection between the two events (a perhaps bio-engineered corona virus and the counterfeit operations)? Two covert methods of warfare?

I didn't understand your idea first but I got it now, you're referring to the USA vs China? 2 weeks after the preliminary trade agreement signed, when China promised to buy in mass American products?

It doesn't make sense from the USA side...unless the USA accepted to sign it with an idea behind, slowing down the Chinese economy (i.e Hunday is now forced to stop its production) and European too since the EU economy depends a lot on China nowadays

To bring hatred to china so that the population will accept a war, the USA style btw, but only $900k? The same news would need to appear twice a month for many months to work.

Yes, I'm referring to the US vs. China. I should let Hydrogen clarify himself, but I was referring to 2 things I think he is alluding to:

1) This seizure might indicate a larger Chinese operation to destabilize/erode confidence in the USD
2) The corona virus may have been a weapon biologically engineered by the Chinese government (perhaps to be used against an adversary like the US, although the outbreak may have been accidental)

Besides..
Why could china want to collapse the economy of the US?
So they don't have to whom they sell their merchandise anymore?
Not really a great plan, isn't it?

Good point.

[el kaka22]

Considering there has been coronavirus in the humans for the past over 10 decades and only a new version was spreading, I do not really rule out the possibility that the coronavirus may have evolved itself, viruses to evolve to stay habitant in people, they are not stuff that easily just goes away and doesn't create an issue, this is not like the common flu where you can get some shots and be on your way.

So, probability suggests that Corona just evolved into something more severe but with amount of high tech medicine we have in today's world they already found a way to stop it and it won't be creating too much problem for the humanity in the following days, hell even today people are already forgetting about it and it hasn't been over 2 weeks yet, think what will happen in few months when nobody talks about it.

[Hydrogen]

Do you see a connection between the two events (a perhaps bio-engineered corona virus and the counterfeit operations)? Two covert methods of warfare?

I don't think there's a connection between the corona virus and seized counterfeit cash aside from both originating in china. Totalitarian regimes have a history of testing chemical and biological weapons on their own citizenry. That could explain the corona virus outbreak if it was indeed intentional. It may also explain ebola outbreaks in africa. It could imply a depopulation agenda is being pursued and from time to time biologically engineered pandemics are being tested under real world conditions for contagion spreadability and fatality rates.

Like the famous saying goes, never attribute to malice that which could be explained by incompetence. It is wholly possible the release was accidental. Safety standards in china being more deregulated and less enforced. Perhaps similar to chernobyl in russia. And other russian disasters which occurred due to their developmental process being less strenuous.

Besides..
Why could china want to collapse the economy of the US?
So they don't have to whom they sell their merchandise anymore?
Not really a great plan, isn't it?

If the US economy collapsed.

Whoever bailed the US out could impose different terms and conditions.

China/globalists wouldn't have to conquer america. They could essentially buyout the entire country through loans and bailouts.

[Averim]

Counterfeit currency in the form of $1 bills?That's weird.
Usually the criminals print fake paper money with a way bigger value.
I expect that the Chinese secret services or the Hong Kong Mafia have something to do with this.
Hiding such big amount of paper in a rail container that's about to be inspected by the US customs,seems very amateurish move from a spy or a gangster.

Small bills are easy to move around. Just think who would check if the received 1 dollar bill is genuine or fake?

[tinyblue]

It does seems like most countries in the world do have the capability of creating counterfeits that are almost identical to the real US dollar. I wonder how common it is. Like I imagine Venezuela being able to do that. Wouldn't that better their economy?

[stompix]

Besides..
Why could china want to collapse the economy of the US?
So they don't have to whom they sell their merchandise anymore?
Not really a great plan, isn't it?

If the US economy collapsed.
Whoever bailed the US out could impose different terms and conditions.
China/globalists wouldn't have to conquer america. They could essentially buyout the entire country through loans and bailouts.

A perfect example of killing the golden goose.

Why would you want to bankrupt your client who is giving you money and you profit from this to buy what will be left of his assets cheap when afterward you will have nobody to sell stuff to?
If the US economy would collapse the first that would go down after would be China as their exports would go down the drain, factories would have to close, people will go unemployed, so they would be switching from earning money to losing and then, they will buy stuff (with what money) to do what with it? Sell it to seagulls?

If you would be running a business, what would you want your clients to be, rich or poor as hell?

[Hydrogen]

Besides..
Why could china want to collapse the economy of the US?
So they don't have to whom they sell their merchandise anymore?
Not really a great plan, isn't it?

If the US economy collapsed.
Whoever bailed the US out could impose different terms and conditions.
China/globalists wouldn't have to conquer america. They could essentially buyout the entire country through loans and bailouts.

A perfect example of killing the golden goose.

Why would you want to bankrupt your client who is giving you money and you profit from this to buy what will be left of his assets cheap when afterward you will have nobody to sell stuff to?
If the US economy would collapse the first that would go down after would be China as their exports would go down the drain, factories would have to close, people will go unemployed, so they would be switching from earning money to losing and then, they will buy stuff (with what money) to do what with it? Sell it to seagulls?

If you would be running a business, what would you want your clients to be, rich or poor as hell?

The real power has always resided in controlling the supply and regulation of money, rather than accumulating or hoarding it.

Look at the world today. How is power or political leverage measured? Money. Guns. Influence. Control.

If your goal is to attack a specific political demographic, it can be accomplished via attacking the wealth their demographic owns.

Its not a linear contest to see who can accumulate and hoard the most fiat. Its about depriving rival factions of options, money, etc in an effort to reduce their capacities.

[Kakmakr]

I personally think the US Politicians and the Reserve Banks are doing a lot more harm than the $900k worth of counterfeit U.S. currency that are being printed by China.   <Printing US Dollars like toilet paper and making a mockery with bad political decisions>

The estimated cost to the U.S. from intellectual property (IP) theft is between $225 billion and $600 billion annually. Source : https://en.wikipedia.org/wiki/China%E2%80%93United_States_trade_war

The trade wars between the US and China has had devastating affects on the rest of the world too, with whole industries collapsing, causing even further problems with higher unemployment and an increase in crime.  

Fortunately for us, we do not have any problems with counterfeiting in Bitcoin, because every single Satoshi are recorded on the Blockchain and no bitcoins can be added to the 21 000 000 bitcoins in total.  

[stompix]

If your goal is to attack a specific political demographic, it can be accomplished via attacking the wealth their demographic owns.
Its not a linear contest to see who can accumulate and hoard the most fiat. Its about depriving rival factions of options, money, etc in an effort to reduce their capacities.

This is exactly why I'm telling you this plan is the reenactment of the golden goose execution.

China is making money out of the US, if it would cripple the US's economy
- exports would go down, income would go down, companies would go bankrupt, people will go unemployed, you're crippling yourself and leaving others to take the initiative in order to achieve what, leadership in a world of poverty? Isn't it bad enough that Chinese people have lost all their will to have kids and measures have no effect you'd want to raise the bar my making all those things that prevent his even worse?

Just look at how things went down in the last decades, China is on its way of being a global power by manufacturing and trading, not by waging war and trying to destroy other's economies. That's what Russia was trying to do and look where we are now!!!

Besides if the attack would be anything serious they could simply change the banknotes and make a "recall" of all the old ones at banks only.
It's far easier for the mint to change the layout of the notes than for counterfeiters to adapt.

[eaLiTy]

I don't think there's a connection between the corona virus and seized counterfeit cash aside from both originating in china. Totalitarian regimes have a history of testing chemical and biological weapons on their own citizenry. That could explain the corona virus outbreak if it was indeed intentional.

If China was testing their biological weapon they could have already sorted out and contained the situation by now, till now they have not contained the situation and if it was an experiment it would have been sorted out already.

It may also explain ebola outbreaks in africa. It could imply a depopulation agenda is being pursued and from time to time biologically engineered pandemics are being tested under real world conditions for contagion spreadability and fatality rates.

Not sure about the truth of these situation but it is a possibility that those were orchestrated.