What does a $trn look like

[datamerc]

Quote from gnome:

Really? Saw a few months ago where a reporter was doing a story on Zimbabwe's inflation.... went to a Quick-ie Mart and bought 2 cans of beans and 1 can of soup... cost $1Billion ZDollars...

Maybe they've lopped half dozen zeros off since then... ??

I believe the 100 trillion note was only printed for a month or two. I'm pretty sure they have since removed the zeros (saves some ink) and are now back to printing singles.

 

[TGregg]

Quote from Pekelo:

Dude, really, this is the picture of the 1 million:

Yep, that's exactly correct. The pile of ca$h is 2 rows, each with 5 stacks, each stack with 10 bundles of 100 $100 bills. Such a bundle is .43 inches thick. So each stack is only 4.3 inches high (plus a bit of air, I would expect). People who claim this is 100 grand aren't used to money.

Here's the math:

2 rows x 5 stacks x 10 bundles x 100 bills x 100 dollars = One Million (for most of us).

 

[TGregg]

Quote from peilthetraveler:

Remember the movie brewsters millions? Richard pryor had to give away 30 million dollars in 30 days and i remember 30 million dollars was exactly 3 pallets.

. . .

Dont know why none of you traders caught that before me. You guys are supposed to be on top of these things ESPECIALLY when it comes to money.

Because most of us knew it was right because most of us deal with real currency instead of having to rely on Hollywood for information.

Despite your unimpeachable source, a GMA pallet is 48 x 40 inches, which will allow bundles of currency to be placed at a rate of 18 by 6 for 108 stacks per pallet. $100 million is 10,000 bundles of 100 $100 bills. 10,000 in 100 stacks (instead of 108) is 100 bundles high. So a pallet of neatly stacked $100 bills that was about 43 inches high would contain 100 million dollars worth of currency (despite Brewster's claim).

 

[Brandonf]

Quote from jeb9999:

For many years Binion's casino in Las Vegas had $1,000,000 in cash on display - 100 $10,000 notes. The 100 $10,000 notes were sold to a coin dealer for about $10 million in January, 2000.

I cant remember the name of the casino in Vegas that the Traders Expo is often held at, it's the one connected to Paris Las Vegas. At any rate, they used to have (still?) a glass case with $1,000,000 in it. I was always surprised at how little it really was.

Brandon

 

[Pekelo]

Quote from peilthetraveler:

This is what 100k looks like...

Oh boy, I am right and you are wrong, get over it!

The denomination what causes your misunderstanding, we are talking about C-notes....

Here is a security add, if you use smaller bills:

Whoever can break the glass gets the 1 million dollars...

 

[TGregg]

A single stack of a trillion dollars in fives would extend well out into space, about this far:

<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=2343629>

 

[gnome]

Quote from TGregg:

A single stack of a trillion dollars in fives would extend well out into space, about this far:

<IMG SRC=http://www.elitetrader.com/vb/attachment.php?s=&postid=2343629>

In pennies... reach Jupiter??

 

[TGregg]

Quote from gnome:

In pennies... reach Jupiter??

I was going to do one dollar bills but it was too far, you couldn't hardly see the Earth. The $5 stack is 1.7 times the diameter of the planet. Can you believe it? We're routinely talking about sums of money that quite literally are astronomical in size.

Then you think about the federal debt at 10 or 11 trillion. That's a big enough stack of one dollar bills to go all the way to the moon, all the way back to Earth, then halfway back to the moon again. JFC that's a lot of money.