Friday, 18 May 2012
2 comments:
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It is satire.
ReplyDeleteFrom the Daily Mash about page: "Launched in April 2007, the Daily Mash is a satirical website covering national and international news with spoof stories, commentary and opinion. (i.e. it’s all made-up and is not intended, in any way whatsoever, to be taken as factual. Hello lawyers.)"
IIRC, the Euro currency was originally supposed to be biodegradable, mainly to placate European "Greens". USD, BPS, etc., notes are intended for high durability, and are not easily "recycled".
ReplyDeleteThe idea was apparently canned when somebody actually worked out the shorter service life of notes printed on biodegradable paper, with biodegradable ink. It amounted to completely replacing the euro note "inventory" every three years or so. (USD "service life" is reckoned at 10-15 years minimum in regular exchange use.)
There was also the small problem that an "eco-friendly" note would have been much easier to counterfeit, especially with modern CAD/CAM systems. A desktop printer could turn out one almost impossible to tell from the real thing.
Even the Brussels crowd were smart enough to realize what a mess that would create. The Greens, not so much, I suspect.
cheers
eon