"S.S." and "A.C." both spotted this story and sent it along, and once you read it, you'll understand why:

1) my suspicion meter went immediately into the red zone; 2) my high octane speculation motor went immediately into overdrive; and, 3) this article went immediately into the top of the "finals" folder for this week's blogs.

First, a little context: I've blogged before about the "Bearer Bonds" scandals, and even written about them. And as you may recall, the Bearer Bonds scandals began with the discovery of the so-called "Morgenthau" bonds, allegedly issued in the early 1930s before the American entry into World War Two, and issued to the Nationalist Chinese government of Chiang-Kai Shek in return for Nationalist gold he placed on deposit with the Federal Reserve to keep it out of Japanese hands. The problem was (and is) that these bonds were issued by the Federal Reserve Bank, not the US treasury, and contained numerous spelling errors and errors of another nature altogether. For example, the "Morgenthau bonds" stated that they were "Federal ReserveD bonds", not "Federal Reserve" bonds. Because of factors such as this, these bonds, and those that came after them, have always been denounced by the government as being counterfeits. After all, governments wouldn't be so sneaky, and sloppy. And pay attention to that last remark, because it forms a part of today's "high octane speculation." (And if you believe that governments wouldn't be so sneaky and sloppy, then I have a bridge in Sydney harbor for sale, cheap.)

Regular readers here know what my fundamental problem has been with all these government denunciations of all these bearer bonds as counterfeit: one does not counterfeit seven dollar bills, i.e., one does not go to all the expense and effort to counterfeit and then to attempt to redeem things that do not exist, especially in such large denominations.

With all of that context out of the way, we can now get down to the article:

Australia printed 46 million new banknotes. They all contain a spelling mistake

Yes, that's right. Australia's banks have placed A$50.00 notes into circulation with the very simple spelling error where the word "responsibility" is misspelled as "responsibilty":

Millions of A$50 (US$35) banknotes in Australia have an embarrassing typographical error that was overlooked by the country’s central bank before they were printed and circulated. The goof first became known on Thursday when a listener on radio outlet Triple M sent the station a magnified photo of the Reserve Bank of Australia’s (RBA) new A$50 note highlighting the word “responsibility” misspelt as “responsibilty” three times. The A$50 currency is the most widely circulated in Australia and accounts for nearly half the total value of other banknotes in use, according to the RBA.