wolram said:
turbo-1 said:A US bill weighs about a gram so $1,000,000,000,000 in $100 notes would weigh 10,000,000,000 grams or 10,000,000 Kg. Hmm... 10 million kilos is a lot of trees.
For the record, though, US currency is printed on rag-stock, not paper and long-cotton fiber fabric is the preferred feed-stock. Think Fruit of the Loom undies and bleached denim waste from clothing manufacture. It appears that someone has been reading about the G20, the World Bank, and the IMF...
BTW, please ask your queen not to be so grabby as to put her arm around our First Lady. We have protocols to observe, you know.
zoobyshoe said:
wolram said:
Hello Pengwuino, nice to see you back, i would share to a good a good cause but not a Mr Burns.Pengwuino said:
signerror said:
wolram said:
(Timothy Geithner is the U.S. Treasury Secretary, until recently director of the NY Federal Reserve, where the gold is.)As was i, i am never serious in these matters, as long as i can keep warm and fed i care not.signerror said:I was joking - just in case.
[/URL]signerror said:
I believe some platinum (and perhaps silver) is similarly treated. I think the point is to possesses it.jimmysnyder said:
jimmysnyder said:
wolram said:
To what end? For an individual, there may be some hope that eventually you can sell it to an even bigger idiot. But from society's point of view, what is the purpose of mining, smelting, molding and storing these dead weights? They're like black holes. So much goes into them and nothing comes out.Astronuc said:
A bird in the hand, . . . .jimmysnyder said:
Now you're getting beyond me. I limit my comments to the metal, not the money that people are willing to part with to own the useless stuff. I wish I could afford that closet full of gold. I wouldn't buy it, I just wish I could afford it.Astronuc said:
I agree. I started faceting gem-stones as a hobby, and only sold enough to the jewelry stores so that I could afford to continue to buy foreign rough. Actually, the most profitable stones that I cut and sold were Maine tourmalines that I mined in western Maine tailing dumps. They are in such demand as the Maine state stone that I could charge more for them than for many other nice stones. Those in the know can tell the difference between the soft pinks and subtle blue-greens originating from Newry and other premiere Maine sites. When I first offered to sell stones to a prominent local jeweler, I challenged the owner for featuring foreign stones in his displays, and he asked what I meant. I invited him out to the showcase and said "Afghanistan, Brazil, Brazil..." etc and pointed out the very few quality tourmalines that might actually have originated from mines on Plumbago or Mt. Mica. He invited me back to his office, examined my stones and bought every single tourmaline at my asking price. After that, when I needed to drum up a bit of cash to buy rough Tsavorite, Tanzanite, Sapphire, etc to build my stocks, I would cut up a suite of tourmalines. He never let me out of the store with a Maine tourmaline in my case.Astronuc said:
I you have no plans for the other $999,999,999,999,500 I volunteer to find some ways to "invest" it.NBAJam100 said:
zoobyshoe said: