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North Korean Counterfeiting

 
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Woland



Joined: 10 May 2006
Location: Seoul

PostPosted: Sun Jul 23, 2006 3:51 am    Post subject: North Korean Counterfeiting Reply with quote

Here's a link to an article in the New York Times on counterfeiting of US paper currency by the North Korean Government that some might find interesting:

http://www.nytimes.com/2006/07/23/magazine/23counterfeit.html

I hope this is accessible to everyone.

Here's my favorite quote from it. "Superb quality" indeed:

From all accounts, superb quality is a feature of much North Korean contraband: methamphetamine of extraordinarily high purity; counterfeit Viagra rumored to exceed the bona fide product in its potency; supernotes. It�s an impressive product line for a regime that can barely feed its people. When I discussed this with Asher, he let out a sigh. �I always say that if North Korea only produced conventional goods for export to the degree of quality and precision that they produce counterfeit United States currency, they would be a powerhouse like South Korea, not an industrial basket case.�
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Antmore



Joined: 15 Sep 2004

PostPosted: Sun Jul 23, 2006 6:05 am    Post subject: Reply with quote

An interesting article, I wonder if North Korea also uses this expertise to produce counterfeit currency of other countries. I hope North Korea does not develop such expertise with military technology. North Korea, being a sovereign state, has an advantage over other counterfeiters, in that it has a legitimate reason for possessing the technology to produce bank notes.

I suppose this also shows that international competition spurs even communists to producing products of high quality.
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