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2009 US Counterfeit-Deterrence Research

March 2, 2009

“The 2009 budget for counterfeit-deterrence research is $4.2 million, which includes costs associated with the Central Bank Counterfeit Deterrence Group (CBCDG) and the Reprographic Research Center (RRC). The CBCDG operates under the auspices of the G-10 central bank governors to combat digital counterfeiting and includes 30 central banks. The [Federal Reserve] Board’s $4.2 million share of the 2009 CBCDG budget comprises 99 percent of the Federal Reserve’s counterfeit-deterrence budget and is 15.2 percent higher than the 2008 estimate. Most of this increase is attributable to new research initiatives and legal fees in support of the intellectual property infringement suit against one member central bank.”

Now what the deuce does that last line mean? The CBCDG website at rulesforuse.org doesn’t mention any IP suits.

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