CPM Forum

General => General Forum Comments => Topic started by: docstrange on February 11, 2007, 11:03:46 am

Title: 12 billion dolars
Post by: docstrange on February 11, 2007, 11:03:46 am

As stated in a front page Globe and Mail story earlier this week.The US sent 12 billion dollars in $100 notes which weighted 363 tonnes to Iraq.Anyone have an idea on how much space that would take up? :o

Title: Re: 12 billion dolars
Post by: AL-Bob on February 11, 2007, 02:36:44 pm

According to factmonster.com, "Our present currency measures 2.61 inches wide by 6.14 inches long, and the thickness is 0.0043 inches." 120 Million tightly packed bills would completely fill a 12ft x 12ft x 33ft trailer.

Title: Re: 12 billion dolars
Post by: stevepot99 on February 11, 2007, 04:12:58 pm

so roughly that would be half a semi truck

Title: Re: 12 billion dolars
Post by: copperpete on February 11, 2007, 05:14:40 pm

I do the calculation:  12 billions $ in 100$ notes makes 120 millions notes.  if a note weight only one gram per note (I just checked one on a scale) so it would weight "only" around 120 millions grams = 120 metric tons (about 265 000 pounds).

Closely packed, a such mass of money would fill a volume of about 25 000 notes per cubic feet, so a total of 4 800 cubic feet.  A boxtrailer measuring 8' wide x 8' high x 45' long has a interior volume of only 2880 cubic feet, so you must use two trailers.

Title: Re: 12 billion dolars
Post by: eyevet on February 12, 2007, 03:52:45 pm

How much would it cost to upgrade every computer in North America to Windows Vista?

Title: Re: 12 billion dolars
Post by: Don_D on February 12, 2007, 04:28:21 pm

these are such important issues in canadian paper money, what is your views on them, Paul, Brent, Tom ?

Title: Re: 12 billion dolars
Post by: BWJM on February 12, 2007, 11:41:59 pm

Quote

these are such important issues in canadian paper money, what is your views on them, Paul, Brent, Tom ?

Does my lack of a response not say anything? :-?

Title: Re: 12 billion dolars
Post by: blumax on February 13, 2007, 03:03:33 pm

If this were in the US Currency heading, I would comment that some prefixes of the $50s and $100s might be sent overseas, in entirety, making them inaccessible to US collectors.  Do large shipments of Canadian currency get shipped to Europe, Middle East, Asia?  Does this contribute to scarce prefixes?  Are the obsolete $5 and $10 banknotes recalled and replaced from overseas holders?

blumax