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Moneymakers: The Secret World of Banknote Printing
 
 
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Moneymakers: The Secret World of Banknote Printing [Hardcover]

Klaus W. Bender
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Product details

  • Hardcover: 308 pages
  • Publisher: Wiley VCH; 1st Translated Ed., Rev. and Updated edition (3 Mar 2006)
  • Language English
  • ISBN-10: 352750236X
  • ISBN-13: 978-3527502363
  • Product Dimensions: 24 x 16.3 x 3 cm
  • Average Customer Review: 5.0 out of 5 stars  See all reviews (1 customer review)
  • Amazon Bestsellers Rank: 299,340 in Books (See Top 100 in Books)
  • See Complete Table of Contents

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Klaus W. Bender
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Product Description

Product Description

This book is about the most precious piece of paper we know, about bank–notes. Modern life would be unthinkable without them. Yet, the general public is kept very much in the dark about how they are made or who makes them. It is rarely known, for example, that despite America′s technical Prowess all dollar bills are printed exclusively on German high–security printing presses using secret Swiss special inks, or that the phony 100 dollar bills, the so–called supernotes may well be printed in a top–secret printing works located just north of the white House and run by the CIA – although the US government is blaming the rogue government of North Korea for counterfeiting these bills. This book is finally lifting the veil on an industry used to absolute secrecy. It recounts the stories of a British banknote printer who, fearing the loss of his customer, informed the Egyptian secret service that the securities printing machinery the Egyptians were about to buy was of Jewish origin; of a private printer who convinced the Polish central bank that it should destroy a complete series of new, perfect banknotes which had been printed by a competitor, or of an Argentinean high–security printer who came to print genuine fake bank–notes for Zaire and Bahrain as a result of two sting operations, which smell of the Belgian and French secret service.

Moneymakers, by offering a detailed view of the banknote industry and its modus operandi, removes the industry′s carefully imposed shroud of secrecy. This book has been researched over a five–year period in Europe, the USA, and Latin America. The book is based exclusively on personal Interviews and confidential mate4rial normally not accessible to outsiders. There were attempts to stop this research project.

Klaus W. Bender has peered behind the scenes of the Secret and exclusive world of the moneymakers. – Financial Times Deutschland, 2004

The errors and pitfalls at the birth of the euro make Bender′s research so unnerving. – Suddeutsche Zeitung, 2004

Bender does not mince his words when he describes abuses – and there are lots of them. – Neue Zurcher Zeitung, 2004

From the Inside Flap

This book is about the most precious piece of paper we know, about banknotes. Paper money was invented by the Chinese – one thousand years later, the American colonists were the first ones in the Western world to systematically use it, even financing their revolution by issuing huge numbers of dollar bills. Modern life would be unthinkable without paper money. Yet, the general public is kept very much in the dark about how banknotes are made or who makes them. This secrecy is regularly explained as legitimate special security for a very special product. But it also has to do with the unusual, highly6 politicized structure of the market. The armaments industry immediately comes to mind. This obsession with secrecy, however, seems out of place in the era of the internet. After all, banknote printing involves the massive use – and often waste– of taxpayers′ money.

This is the first book offering an in–depth view of the banknote industry and its modus operandi. The only known former attempt to reveal this story was by an American author. The edition of that book was bought up – straight from the printing presses – by two prominent representatives of the industry because the public was not supposed to get an inside view of the business.

Moneymakers has been researched over a five–year period in Europe, the USA and Latin America. The book is based exclusively on personal interviews and confidential material normally not accessible to outsiders. There were attempts to stop this research project. Many witnesses interviewed spoke under condition of strict confidentiality for fear of reprisals by their employers. As a rule therefore, the author refrained from verbatim quotes and, as far as possible, tried to confirm every piece of information by two independent sources.


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Customer Reviews

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Most Helpful Customer Reviews
3 of 3 people found the following review helpful
Format:Hardcover
You do not need to be a professional in the banknote business to find this superb book a fascinating read. Klaus Bender has researched this secretive industry and discovered a number of skeletons in its cupboard. While this is interesting, for me the greatest fascination was to learn of the developments, mainly after WW2, driven by entrepreneurs of exceptional ability and drive. They created wealthy, worldwide businesses based on unique technology in the areas printing machinery, specialist printing inks, and banknote printing.

Apart from being a super read, this book should be of serious interest to the business schools in the context of case study learning.
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Amazon.com:  3 reviews
13 of 14 people found the following review helpful
This book reads like a thriller 17 May 2006
By R. Storey - Published on Amazon.com
Format:Hardcover
At first glance you would be forgiven for thinking that a book about banknotes will be a dry read. Well, think again. Klaus Bender has achieved the impossible - this book grips like a thriller from page one. The author, clearly an expert in his subject and an accomplished writer, manages to reveal hidden aspects of this arcane art on almost every page.

I was astonished at some of the revelations and am amazed that more are not in the public domain. The history of the banknote is fascinating but even more interesting is the development of the printing processes and the international political intrigue which underpins the industry. For anyone interested in researching this subject, who needs a reference book which is bang up to date, or simply wants to deepen their understanding of this mysterious industry The Moneymakers is a must-read.
2 of 2 people found the following review helpful
good book, bad printers 9 Feb 2012
By Jeff - Published on Amazon.com
Format:Hardcover|Amazon Verified Purchase
Interesting subject matter flawed by Wiley the printer/publisher. Which is kind of ironic given the subject matter.

I have never seen a book that has a 2 inch bottom margin with 8pt font, its like reading the microdot security printing on a banknote. Just killer on the eyes. Because of this I am disappointed that there is no kindle version.

I want to get into this book and read the whole thing but maybe there is a PDF of it somewhere that I can adjust the font.

As an aside, this book was a good primer for me: "fiat money inflation in France: How if came, what it brought, and how it ended"
2 of 2 people found the following review helpful
Very Interesting Story - Real Page Turner 8 April 2008
By L. Miehe - Published on Amazon.com
Format:Hardcover|Amazon Verified Purchase
Who would of thought the story about bank notes would be so interesting. I very shrouded industry with unique business practices. Recommended for anyone interesting in finance, economics, money or banking.
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