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Washington Scores 93% in Reserve Currency Testing

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  • Washington Scores 93% in Reserve Currency Testing

    Traces of cocaine found on up to 90% of dollar bills in American cities



    It's an image much beloved of Hollywood directors: the head lowered over a mirror, a crisp greenback tightly rolled and inserted in a nostril, then applied at the other end to a line of white powder.

    Researchers from the American Chemical Society in Washington have discovered that the practice of consuming cocaine through rolled up paper money is far more than just a cinematic cliché. They found that in big cities in the US, up to 90% of the notes tested positive for traces of the drug.

    In Washington itself, the percentage of notes with cocaine residue reached 93%, a prevalence almost matched by other urban areas such as Boston, Detroit and Baltimore.


    Similar tests conducted two years ago found that only 67% of US banknotes had cocaine traces.

    The study put that growth down to a probably increase in cocaine consumption in America, where there are thought to be as many as 6 million regular users of the drug.

    For the first time, the researchers compared the results with tests on banknotes from other parts of the world. After the US and Canada, Brazil recorded almost as high a frequency of cocaine residue, at 80% of its paper money.

    China (20%) and Japan (16%) were notably lower on the scale.
    Any film directors hoping to be authentic in their portrayal of cocaine snorting should note that the researchers found that in the US the bills of choice of cocaine consumers were $5, $10, $20 and $50. Both the modest dollar note, and the more elusive $100 note appear to be rarely deployed as an aid to nasal intoxication.

    http://www.guardian.co.uk/world/2009...ls-currency-us

  • #2
    Re: Washington Scores 93% in Reserve Currency Testing

    If things get really bad I can just lick my dollars - Ouch

    Comment


    • #3
      Re: Washington Scores 93% in Reserve Currency Testing

      So what's going to happen when those $ are worthless and we put them in the fireplace :eek:

      Comment


      • #4
        Re: Washington Scores 93% in Reserve Currency Testing

        Originally posted by sn1p3r View Post
        So what's going to happen when those $ are worthless and we put them in the fireplace :eek:
        Who said there's no advantage in holding cash!

        Comment


        • #5
          Re: Washington Scores 93% in Reserve Currency Testing

          I wonder why the

          "China Buys Treasuries, Proving Dollar Demise Overdone" story vanished from Bloomberg

          http://www.google.com/search?q=China...&ned=us&tab=nw

          Comment


          • #6
            Re: Washington Scores 93% in Reserve Currency Testing

            Traces of cocaine found on up to 90% of dollar bills in American cities

            Who do we blame Treasury or the Fed? Bernanke appears to be more into sedatives so I think we need to blame Timmy for this one.

            If the dollar devalues, we won't be able to afford the powdered stuff, we'll need to start using them as crack pipes instead.

            So, if we repatriate a ton of dollars from China, will rice residue exceed that of the current cocaine residue?
            "...the western financial system has already failed. The failure has just not yet been realized, while the system remains confident that it is still alive." Jesse

            Comment


            • #7
              Re: Washington Scores 93% in Reserve Currency Testing

              "Who said there's no advantage in holding cash!"

              Don't you realize?! :confused:

              This is the ultimate conspiracy plot to destroy the $USD!! :mad:

              Now anyone holding $USD anywhere in the world can be summarily locked away for narcotics posession! :eek:
              Justice is the cornerstone of the world

              Comment


              • #8
                Re: Washington Scores 93% in Reserve Currency Testing

                The percentages are getting higher (no pun intended), but this testing has been around for a while. Seems silly that they even do this.

                http://www.snopes.com/business/money/cocaine.asp

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                • #9
                  Re: Washington Scores 93% in Reserve Currency Testing

                  see guys, the dollar is backed by something tangible

                  Comment


                  • #10
                    Re: Washington Scores 93% in Reserve Currency Testing

                    Originally posted by mikedev10 View Post
                    see guys, the dollar is backed by something tangible
                    I bet the last and current president can attest that

                    Comment


                    • #11
                      Re: Washington Scores 93% in Reserve Currency Testing

                      Originally posted by D-Mack View Post
                      I bet the last and current president can attest that
                      ... and the one before that as well ;).
                      Most folks are good; a few aren't.

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