MISPRINTED BANKNOTES COMING SOON TO AN AUSTRALIAN STORE NEAR YOU

MISPRINTED BANKNOTES COMING SOON TO AN AUSTRALIAN STORE NEAR YOU

"S.S." and "A.C." both spotted this story and sent it along, and once you read it, you'll understand why:

1) my suspicion meter went immediately into the red zone;

2) my high octane speculation motor went immediately into overdrive; and,

3) this article went immediately into the top of the "finals" folder for this week's blogs.

First, a little context: I've blogged before about the "Bearer Bonds" scandals, and even written about them. And as you may recall, the Bearer Bonds scandals began with the discovery of the so-called "Morgenthau" bonds, allegedly issued in the early 1930s before the American entry into World War Two, and issued to the Nationalist Chinese government of Chiang-Kai Shek in return for Nationalist gold he placed on deposit with the Federal Reserve to keep it out of Japanese hands. The problem was (and is) that these bonds were issued by the Federal Reserve Bank, not the US treasury, and contained numerous spelling errors and errors of another nature altogether. For example, the "Morgenthau bonds" stated that they were "Federal ReserveD bonds", not "Federal Reserve" bonds. Because of factors such as this, these bonds, and those that came after them, have always been denounced by the government as being counterfeits. After all, governments wouldn't be so sneaky, and sloppy. And pay attention to that last remark, because it forms a part of today's "high octane speculation." (And if you believe that governments wouldn't be so sneaky and sloppy, then I have a bridge in Sydney harbor for sale, cheap.)

Regular readers here know what my fundamental problem has been with all these government denunciations of all these bearer bonds as counterfeit: one does not counterfeit seven dollar bills, i.e., one does not go to all the expense and effort to counterfeit and then to attempt to redeem things that do not exist, especially in such large denominations.

With all of that context out of the way, we can now get down to the article:

Australia printed 46 million new banknotes. They all contain a spelling mistake

Yes, that's right. Australia's banks have placed A$50.00 notes into circulation with the very simple spelling error where the word "responsibility" is misspelled as "responsibilty":

Millions of A$50 (US$35) banknotes in Australia have an embarrassing typographical error that was overlooked by the country’s central bank before they were printed and circulated.

The goof first became known on Thursday when a listener on radio outlet Triple M sent the station a magnified photo of the Reserve Bank of Australia’s (RBA) new A$50 note highlighting the word “responsibility” misspelt as “responsibilty” three times.

The A$50 currency is the most widely circulated in Australia and accounts for nearly half the total value of other banknotes in use, according to the RBA.

Now don't get me wrong here. Given the woeful state of education in the West, it's entirely possible that this is simply a legitimate error, nothing less and nothing more. And odds are that that this possibility is right around 99% , all-but-certain. Write it off to poor education, poor quality control &c &c.

It's that other 1% possibility that sent my suspicion meter into the red zone and my high octane speculation motor working in overdrive, for suppose that it was not, but rather was a deliberate act. What would happen if, say, various governments started covertly counterfeiting their own money, issuing this set of "errors" in this batch printed over here, and that set of "errors" in that batch printed over there? One might argue that governments would never do such a thing, but there is a kind of precedent both in Nazi Germany's "Operation Bernhard" (its massive counterfeiting operation to print "unauthorized but authentic" British pound sterling banknotes through a rigorous process of "reverse engineering" the whole procedure), and in the western Allies' own printing of "occupation money" during World War Two(See my McCarthy, Monmouth, and the Deep State). It's not exactly the same thing, but close. Then there have been more recent rumors of the so-called "supernotes", counterfeited American $100 notes that are so good that some suspect that the CIA made off with official plates (Raymond Reddington Style) and has been printing them up (here it comes) in North Korea.

But anyway, back to our main scenario: what would happen if governments (or "their" central banks) suddenly started printing such notes with various types of errors scattered through various runs and batches? So far, Australia provides a clue: the course of performance thus far has been that no one is denying the "legal tender" status of the notes, notwithstanding the error. But what if my "high octane speculation" scenario occurred, and the governments and banks then denied such notes' legal tender status?  What if the Reserve Bank of Australia had said, "Woops, that's a counterfeit note, and we have no idea how that occurred. Sorry, can't honour it."

Confusion, of course, would reign... no one would be able to "trust their money", or their governments... it would be a clumsy but nifty way to introduce a "cashless" society and "all digital" currency system: simply induce a state where no one trusts cash, or trusts it less, relative to digital.  And "farm out" the whole procedure to a cut 0ut (no pun intended).

But you know me, folks, I don't trust cyber systems, and mega-corporations are right down there at the bottom of my list - along with big government - of institutions that have little to no integrity, and that I do not trust.

See you on the flip side...

 

20 thoughts on “MISPRINTED BANKNOTES COMING SOON TO AN AUSTRALIAN STORE NEAR YOU”

  1. Australian notes are printed by Note Printing Australia Limited, which was corporatised in 1988, Australian’s bicentenary year , PM Hawke then, Rhodes Scholar, died the other day. May he rest in pieces. wonder if a deliberate misprint ties in with Rhodesian/Rhottenchilds responsibilties (sic)? next thing might be a transgender karngaroo with it’s right hand hidden in it’s pouch (transplanted from a female roo to over his heart)? the f-lying kangaroo.

  2. If one needs to install a digital currency in a country that only has hard, physical money then one needs to instill an overwhelming level of doubt in that money system.
    Say hello to The Hegelian Dialectic, problem-reaction-solution.
    Watch for a massive fraud to be committed with this fake money.
    Watch for another admission of bad printing.
    Watch for other countries to complain of an influx of this fake money into their countries.
    Watch for government approved academics & economists to begin beating media drums for change.
    Watch for anything at all that appears as though it could be undermine the average Australian’s confidence in their own money system.

  3. Joseph…
    Interesting that you should mention the push for a cashless world, and this Australian misprint incident..

    I have it on very good authority (highly placed Australian Federal Govt source) that the Australian Constitution is, in fact, the only obstacle to introducing a global cashless society right now. Apparently it forbids the Australian Government from issuing a unique identifying number to each of its citizens. This is a serious thorn in the side of the globalists, and they’ve been trying for years to get it overturned.

    Unfortunately for them, the only way to change the Constitution is by a National Referendum.. And every time they try (the attempted introduction of the Australia Card back in 1985 is an example) the Australian public say “Not only no, but HELL NO!”

    So Globalists have been trying everything they can to think of (right down to the level of literally BEGGING the govt to change things, apparently!) to get past this roadblock, without any success. Aussies are a freedom-loving and stubborn bunch, so if the most popular Prime Minister we ever had couldn’t swing it, what hope has anyone else got?

    Apparently, there is still a lot of plotting going on in certain circles, trying to come up with a stick-and-carrot solution, or some majorly tempting inducement to persuade Aussies to give up one of their most highly valued freedoms.

    So your proposed scenario doesn’t surprise me in the least.. but personally, I think it would be doomed to failure, like every other attempt has proven to be.

    1. If recent attempts to push forward a national ID card (Patriot Act) and national healthcare ID’s with automatic ties into banking records for immediate payment of copayments and deductibles (Affordable Care Act), no wonder those people resisting here in the US are so aggressive and so vocal. No matter how hard they try the word gets out and Congress is bombarded with hostile privacy groups and libertarian advocates. My fear is our voices are being diluted by immigration policies and a progressive education system. They are doing a real number on the US. My generation may be the last line of resistance, and we’re aging quickly.

    2. Infinitereality

      Their end run around the Australia Card and our constitution was the Medicare card, which is tied into every database we have in government, including police, tax, RTA and banking details. Not well known but it’s already here. Josephs speculation was the first thing I thought of when I read the article, Illegitimate money for an Illegitimate Government.

  4. Nice pic doc.

    wonder if the aussies did it on purpose – strictly marketing stunt. after all, my first thought was to get one of those a50’s. probably plenty of other not so bright folk like me out there. i think we call em collectors.

    wonder what that bill will be valued at in 30 years?

  5. Picturesque photo! Lounging Red Roo in Sydney’s sun?

    No doubt an astute numismatist with a keen eye for detail that caught the misprint – or maybe your elusive counterfeiter. The printed speech is close to microscopic in size. Those money collector’s now have an opportunity to keep a bit of Aussie history. According to one source there’s nearly 46 million misprinted bills circulating. Not much of a novelty in rare numbers just yet. Bet the other denominations have already been checked under a microscope.

  6. As collectors will tell us, errors in the engraving of banknotes, coins and postage stamps, for example, are not that uncommon. It’s hard to believe that any elected government could survive repudiating the legal-tender status of relatively high-value banknotes, even if they were counterfeit – although, no doubt, my more knowledgeable fellow Gizars will quickly prove me wrong with examples from history!!
    What I do know, however, is that governments and their agencies do routinely produce certain items with deliberate errors in them in order to trip counterfeiters. The words “bluff” and “double” come to mind.

    1. BTW, FWIW the deliberate errors are always a great deal more subtle than “Federal ReserveD bonds.” Those bonds are quite puzzling. Even a child, let alone a bond issuer or professional counterfeiter, would not make such obvious errors. Perhaps the words “bluff” and “triple” should come to mind?!

  7. Most likely just the paper equivalent of ‘double-stamping’ a dime…

    However, the larger picture concerns ‘authorized’ counterfeiting. This is where the PTB or alphabet agencies give the nod to additional, covert runs of paper currency to further their own ‘projects’. Easy, when you are not trading a goat for a sheep…

  8. Robert Barricklow

    The inhumans in charge could care less about those “quaint” nation states. Money sovereignty is non negotiable. Every one must submit to their international debt-based bondage currency/TIN; or, your in the axis of evil
    They’re literally chomping at the bit; bit currencies that are issued by the private international debt-based cartel under BIS rule. Total control, No doubt tied to some Chinese-like social credit system.
    A Dystopia Now! show would be censored before the pilot was made. The Breakaway Civilization certainly looks good; unless they’re squirming under the same type of dystopian thumb. Who the heel would want to live in the insect hive? Inhumans, yes.
    But what about living, laughing & loving spirits; where the real wealth is measured in the living of all life on Earth?
    Real wealth is not broken down into bits, 1’s and/or 0’s; nor rocks, minerals, jewels, or currencies.
    The current system destroys real wealth in the name of wealth. Truly a diabolical dystopia worthy of the devil himself.

  9. With all respects to our Austr-Alien friends.. they can sometimes be . . . spellingly challunjed? https://www.youtube.com/watch?v=y4om5UT5iXY Do I believe that they could be so incompetent as to not bother spellchecking a template for legal tender?
    On a completely different subject.. Australia just bought a serious amout of hardware for EMP protection. Insane amounts of spending being done in electronic warfare.. (might want to avoid flying in the south pacific area sometime soon…)
    Concerning the 300 billion bearer’d’ bonds.. https://www.valuewalk.com/2012/01/no-one-knows-truth-about-300b-bonds-from-alleged-crash/
    I ‘ve found an article where it showed them as being genuine.. but I ve misplaced it…..

  10. Another investment opportunity, save them; in pristine condition they will be worth more than $50 in the distant future. The common man will not be able to do so, but those with money will.

  11. anakephalaiosis

    Swindlers need to control head of state, to avoid prosecution, and head of state needs cultural revolution, to avoid exposure. This template of problem-reaction-solution is a three headed troll: 1. Money scam. 2. Coup d’état. 3. Babel tower.

    Notice, that a riddled vernacular definition of kingship is a hilarious joke, that targets mad King George’s vanity. Point made point-blank. Dispelling the misspelled Runes (i.e. draining the “Rune soup”) is recognizing, that the Viking Age is falsification of Druidic teaching.

    Electronic money trees are rotten fruits. Exposing emperor’s new clothes is undressing deified robe, declaring papacy null and void. Spirituality is vegetative, not papal decree. Step into the Druidic office:
    https://dl.dropboxusercontent.com/s/g98rxxxdwzy40jv/iq-test.pdf

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