Why would a state-level actor choose to counterfeit currency? "Nations have used counterfeiting as a means of warfare. The idea is to overflow the enemy's economy with fake bank notes, so that the real value of the money plummets. Great Britain did this during the American Revolutionary War to reduce the value of the Continental Dollar." On the other hand, this is probably not worth doing unless you can counterfeit at least a few percent of all the money in circulation...
Another reason that states would do it is if they are in a position like, say, North Korea, with little access to the currencies they need to buy the items they would like to buy from abroad due to international sanctions. "There have been two primary reasons for [North Korea's alleged] counterfeiting: the first is to wage economic warfare against the United States,[2] and secondly, to help ease North Korea's domestic economic problems.[12]" https://en.wikipedia.org/wiki/North_Korea%27s_illicit_activi...
Well, thanks anyway for sending me down this k-hole of wikipedia articles about forgery...
Why would a state-level actor choose to counterfeit currency? "Nations have used counterfeiting as a means of warfare. The idea is to overflow the enemy's economy with fake bank notes, so that the real value of the money plummets. Great Britain did this during the American Revolutionary War to reduce the value of the Continental Dollar." On the other hand, this is probably not worth doing unless you can counterfeit at least a few percent of all the money in circulation...
Another reason that states would do it is if they are in a position like, say, North Korea, with little access to the currencies they need to buy the items they would like to buy from abroad due to international sanctions. "There have been two primary reasons for [North Korea's alleged] counterfeiting: the first is to wage economic warfare against the United States,[2] and secondly, to help ease North Korea's domestic economic problems.[12]" https://en.wikipedia.org/wiki/North_Korea%27s_illicit_activi...
Well, thanks anyway for sending me down this k-hole of wikipedia articles about forgery...