One-third?
If you have produced the counterfeit currency, or are knowingly distributing it, you are committing a felony offense which is punishable by law. However, if you have discovered to be in possession of such tender, yet did not create it or were unaware of it, you are innocent.
depends on what you counterfeit..for example: is you counterfeit money then it is illegal.
The U.S. Secret Service was created to battle counterfeiting five days after Robert E. Lee's surrender marked the end of the U.S. Civil War. One third of all currency in circulation at that time is believed to have been counterfeit. (Considering that the role for which the Secret Service is most famous today is that of protecting the President, it is ironic that Abraham Lincoln created the Secret Service on the day he was shot.)
It is a known fact that counterfeit currency hurts the well-being of a country's economy.
The government counterfeits when they create money of thin air backed by no production and created by the printing press . === === In both the previous and current versions of American currency, there is strong evidence that a government was counterfeiting and circulating US currency. In the earlier case, the alleged perpetrator was Iran; in the later it was North Korea. In neither case was proof offered at the civilian level, although the US and Japan did in fact sanction North Korea for this. Government-level counterfeiting is nowadays a political tool.
Japan
It's counterfeit money. That's it. :)
to stop inflation
Forgery refers to the act of falsifying a signature, document, or item with the intent to deceive, while counterfeiting involves the production of fake currency, goods, or documents with the intention of passing them off as genuine for financial gain. Both are illegal practices that can result in criminal charges.
All countries have laws against counterfeiting. What those laws are specifically will depend on the country. In general, to attempt to reproduce the currency of a country for the purpose of fraudulent transactions is against the law
Clause 6
alpha rays