
According to the United States Department of Treasury, an estimated $70 million in USD Counterfeit Banknotes are in circulation, or approximately 1 note in counterfeits for every 10,000 in genuine currency, with an upper bound of $200 million counterfeit.
USD Counterfeit Banknotes are currencies produced without the legal sanction of a state or government...
One of the effects counterfeit money has on society is a reduction in the value of real money...