The Nixon Currency Mystery
Inherent ViceThis flow follows the strange Nixon-faced counterfeit bills from their recovery at sea to their links with covert operations and the institutions surrounding Mickey.
increasing
Bearing strength in each event
decreasing
The Sunken Cargo

An Unusual Salvage
Lagan on the Seabed
Sauncho Smilax tells Doc that federal divers have recovered containers of currency from a location associated with the Golden Fang. Instead of ordinary bills, the cargo contains money bearing Nixon's face.
A Puzzle in Circulation
The discovery suggests that the bills are not simply a private counterfeit. Their existence connects government operations, maritime traffic, and a bizarre form of symbolic politics.
An Intelligence Explanation

Counterfeit as Policy
Past Operations
Sauncho says the Central Intelligence Agency had used Nixon-faced counterfeit Vietnamese bills to destabilize enemy currency. That history offers one explanation for why Nixon's likeness appeared on money found at sea.
An Unanswered Question
The bills are American denominations, and their purpose remains unclear. The apparent impossibility encourages theories that range from political sabotage to a prank by foreign agents.
A Face from the Future

The Image Matches
The Television Moment
Doc sees Nixon on a live broadcast and recognizes the same frightened expression on the counterfeit bills. The match unsettles him because the image seems to have been printed before its televised source appeared.
Speculative Time Travel
Doc imagines information traveling backward through time, though he cannot verify any mechanism. The episode makes the currency an emblem of how political reality, media images, and private fantasy blur together.
Adrian in the Photograph

The Evidence Returns
A New Connection
A photograph in Adrian Prussia's file shows him beside a box of Nixon-faced bills, with the Golden Fang in the background. The image places the loan shark among the people handling the strange currency.
A Network of Interests
The photograph suggests that the bills passed through criminal and intelligence-linked circles before the later salvage. It strengthens Doc's suspicion that Adrian's apparent local business is connected to a wider operation.
Value Without Certainty

The Bills Become a Wager
Unstable Worth
The Nixon-faced currency is treated variously as worthless, collectible, or potentially spendable. Sauncho's contacts disagree about what became of the recovered bills, leaving their official custody uncertain.
Political Meaning
The bills turn power into an image that can be copied, circulated, and misread. Their unresolved history echoes the novel's wider concern with systems that create reality while denying responsibility for it.
After Sauncho's first meeting with Doc about the schooner
During Sauncho's account of the recovery
After Doc watches Nixon on television
After Penny opens the sealed case file
Near the conclusion