<p>During WWII and after Pearl Harbor, the United States issued the Hawaii overprint notes because they feared the possibility that if the Japanese captured Hawaii they would also control a considerable amount of USD bills [1].</p>

<p>I found this piece of trivia not only interesting but also made me wonder why this could be an issue? Does this mean it is also an issue if say today China starts hoarding stacks of American dollars?</p>

<ol>
<li><a href="https://en.wikipedia.org/wiki/Hawaii_overprint_note" rel="nofollow noreferrer">https://en.wikipedia.org/wiki/Hawaii_overprint_note</a></li>
</ol>

<currency><foreign-exchange>
Why is it a problem if a considerable amount of currency is hoarded by the enemy of the issuing government?
Matias Faure
# Why is it a problem if a considerable amount of currency is hoarded by the enemy of the issuing government?

(Asked by: username_0 on 2019-02-06)

During WWII and after Pearl Harbor, the United States issued the Hawaii overprint notes because they feared the possibility that if the Japanese captured Hawaii they would also control a considerable amount of USD bills [1].

I found this piece of trivia not only interesting but also made me wonder why this could be an issue? Does this mean it is also an issue if say today China starts hoarding stacks of American dollars?

1. <https://en.wikipedia.org/wiki/Hawaii_overprint_note>

**Tags:** currency, foreign-exchange

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## 0 answers

