Re: A bankster in the UK wants to ban big bills

The Swiss 1000 Franc note. These are hard to find now, at least in the part of the USA where I am from.

I once owned one. The bill is chock full of interesting anti-counterfeiting features.

From the Wikipedia article on the Swiss franc:

Quote

According to the central banks, the ratio of counterfeited bank notes is about 1 in 100,000 of real bank notes for the Swiss franc, of 1 in 20,000 for the Euro, of 1 in 10,000 for the United States dollar and of 1 in 3,333 for the Pound sterling

Given that the British pound is by far the most counterfeited money among the four major currencies (CHF, EUR, USD and GBP), I strongly advise the Bank of England to leave the Euro alone and finally get themselves busy with strengthening the anti-counterfeiting measures for the sake of the Pound...

Those numbers are quite scary... I thought it would be the 100 dollar bill that was the most counterfeited..

How can you trust the pounds nowadays with 1 in 3,333 being fake?

This pretty much speaks for itself

I mean the biggest denomination of the British pound is 50£, which is roughly 7 times less that the 500 Euro banknote in terms of purchasing power, but this doesn't in the least prevent it from being 6 times more prone to counterfeiting, lol...