August 4, 2003

Another piece from Reuters

quote:
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Bangladeshis Reject Smelly Currency

Bangladesh's currency notes have become so dirty that even fishmongers reckon they stink too much to use... The notes are losing their usefulness as currency because people are becoming unwilling to take them, central bank officials say. Fish-market traders, for example, have found that their customers are demanding coins as change, they say.
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No, no, no... I insist... Please! Take those goods you want and take a pile of this smelly cash with you also!!

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August 4, 2003

I love the smell of new notes! There's this lovely dye-smell that is unmistakably screams out - "Money!!" Once you have a smell of that distinctive scent, you'd never forget it! The best way to achieve the desire effect is to change a stack, yes! a stack, of dollar bills (it's a lot more expensive here in the UK for the lowest denomination is GBP5.00 which is about $7.50) and just 'wave' it in front of yourself... Ummmm!! The smell of money!!

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August 5, 2003

Come on! You know as well as I do that will never be allowed to happen... If a Chinese has such a fan, it will used when gambling - no matter it's good luck or bad luck to wave money around like this (I'm not sure), such thing just won't be made. If it is good luck, someone will try to steal it and if you're gambling you don't want the bad luck of having such thing stolen. If it is bad luck, well, need I say more...

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August 5, 2003

Oh, it is not only the US that has narcotics on its money... It is true for that in the UK also (and I assume it would be for a majority of "Westernized" countries with any level of drug use in the population. [Joke] That's not all bad though - you get to get high when you blow your money! [/Joke] (That is not funny!)

As for the Japanese ATM... What can I say, I want my money steam pressed went I get it out of the ATM also... As a phenomenal, modern Japanese culture is just hard to beat. If there is any areas of technology application that hasn't been tried or thought of, you can bet on it that someone in the Empire of the Sun will have and probably has put it into use one way or another... A waste of resources or simply innovative?

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August 7, 2003

This is an update Reuters to the 'smelly money' piece...

quote:
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Forged Notes Found in Central Bank Vault

Bangladesh's central bankers rounding up the country's soiled and smelly currency notes have discovered something even more revolting: a pack of forged notes in their own vault.
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August 7, 2003

I think the question is not so much "Is there counterfeit money in circulation in a particular country?", because I'm sure counterfeiting goes on in most countries. But I believe it is more appropriate for officials to come out and say: "Yes, we have counterfeiting and yes, we have an estimate the level and finally, yes, we're doing A, B, C.... about it."

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