- September 2014
- Posted By Ninoslav
- 0 Comments
Frauds are every where. They are around you with a strong intention of robbing you your hard earned money. The problem does not stop here. Circulation of fake money in market can raise serious social and economical problems.
Ill effects of counterfeit money:
- Organizations do not get compensated for counterfeit money. As a result prices of products rise sharply.
- Too much circulation of fake and unauthorized notes can decrease the value of money resulting in inflation.
- So, now what? How to fight this problem? You must never want this problem to grow bigger right?
Types of detectors to protect you:
A simple yet effective way to protect yourself is by using a counterfeit money detector. These technologies will not cost you much but they have immense qualities to save your hard earned money. There are various types of fake money detectors. However it will be proper for you to use simple detectors, which are no way less efficient than complex detectors.
The most effective types of money detectors are as follows:
- Counterfeit detector pen
- UV counterfeit detection machine
- Magnetic detection machine and
- Magnifying detection machine
Counterfeit detector pen is simple which utilizes iodine solutions to clearly explain you which are real money and which are counterfeit. It is one of the most effective solutions to save your money from frauds at a very less costing.
UV counterfeit detection machine is another effective tool. The ultra violet light helps to detect artificial image that is placed on counterfeit moneys.
Magnetic detection machines can recognize the magnetic components that are present only in real money
A magnifier or Magnifying detection machine would help you to find out special symbols, images and signs that are found on real money.
Counterfeit money is a direct threat to growth and development. It would be better for you to take up some effective measure to combat this problem. For developed regions it is better to have some idea about “What features determines an optimum currency area?” to grow their respective place more.