The money society

What is it?

In the businesses of the mafia and smuggling groups, there has always been activity of the production of buy fake money and sell fake money; bills that are similar to the real currency of the country, without legal recognition by the State or governmental entity. This activity is considered illegal, meaning that its manufacture and use for purchase and sale is considered a scam activity or economic fraud. This fraudulent activity has had a transcendental history in the economic world, since it brings many consequences and social impact.

Economic impact

The counterfeiting of money or paper money, beyond causing individual damage caused by receiving a counterfeit ticket, the effects of a counterfeit currency can be terribly detrimental to the stable and long-lasting economy of a country. This refers to the fact that a counterfeiter can illegally introduce a counterfeit bill that circulates constantly between stores, it begins to change hands and is part of the monetary circuit. It should be noted that these banknotes are low cost, which is gradually causing the increase in economic inflation in transactions. Despite the fact that the bills are false if they are not detected in time, there will be more of this cash in circulation, prices will increase and the value of real money will fall notoriously. Likewise, we must not ignore the social costs that the counterfeiting of a currency can cause. Thus, if a banknote is false, it circulates and changes ownership, its last carrier will be the one who suffers it lost and sometimes this chain becomes cyclical and long to dissolve. Continuing with the damages caused by counterfeiting of money at the economic level in a country, we find that this phenomenon ends up affecting in a forceful way those who have the least resources to support themselves, it happens worse in underdeveloped countries, where poverty and scarcity of The resources referred to are more given to the use of cash as forms of payment, therefore, a greater use of coins and bills increases the probability of: first, that the money remains in circulation and in turn that the families more humble end up being victims of said putting in circulation.

How to counterfeit money?

The production of counterfeit money has been a practice that is recognized as ancient in the world, this is how we can see that. In some indigenous cultures, nuts were used as the original payment method, however, it has been described that in some places similar fruits circulated that in this case did not correspond to the form of payment, so it is inferred that it was fake money. Other practices in other places consisted of mixing metals, to create similar coins, on the other hand, the creation of severed coins was also practiced, which were lighter coins and did not have the same value as the currency that was circulating at that time. . Currently, with the development of new technologies, it has been possible to scan and print banknotes, for this you need special equipment that allows you to obtain results as similar as possible to the original currency. Additionally, the result of the banknote printing must undergo different processes in order to add the relevant security marks for each country, so that the result of this activity is practically undetectable.