World Faces New Wave of Currency Wars

An American bill imposing punitive tarifs on countries that undervalue their currencies is set to unleash a new trade war between the US and China. But in fact the whole global currency system is in a state of jeopardy. As confidence in the dollar drops, private investors are putting their faith in gold. By SPIEGEL Staff.

via www.spiegel.de

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The War Against Counterfeit Money

More than $750 billion in U.S. currency is in circulation: around $60 million of it is fake. As scanners and printers become more powerful, the Department of Treasury must try to out-tech the bad guys with increasingly sophisticated money. Meanwhile, most of us just spend our Lincolns on foot longs and never know the difference. Our latest infographic explains the state of counterfeiting and what we’re doing about it today.

via www.mint.com

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