Physical representation of 700 Billion Dollars... ( Archived) (23)

My calculations differed slightly to 273 feet ....ive the jest of my calcs here hold on


value $10,000,000,166.40



(Ten billion, one hundred and
sixty-six dollars and forty cents)
width 273 feet
height 273 feet
thickness 273 feet
total weight 3,125,000 tons
height stacked 986,426 Miles
area (laid flat) 89,675.2 acres

....sorry i dont mean to contradict your calcs but i always work out the m3 for myself or google it

at least brown stuff reflects value for the work you put in.



there was green stuff for about 30 yrs when the US wasn't a part of the 'elite's' banking stratosphere. Odd how the founding fathers had left all that to get away from it and now are the biggest users (double meaning intended) of it.

green, value based, would be nice...

Nov. 7 (Bloomberg) -- The age of free money may be at hand.

As major central banks slash interest rates with unexpected speed, benchmark borrowing costs are now below core inflation for the first time since the early 1980s, and policy makers are signaling they will go deeper.

Yesterday's cuts by the Bank of England and European Central Bank, which came with the Federal Reserve and Bank of Japan on the cusp of zero rates, are a bid to shock life back into their recessionary economies and strained money markets. It may be an uphill battle as consumers and businesses show greater interest in saving than spending, and banks hoard capital rather than lend it.

``It's the race to zero,'' said Stewart Robertson, an economist at Aviva Investors Ltd. in London, which manages about $230 billion. ``There's no obstacle to more rate cuts.''

The U.K. central bank led by Governor Mervyn King yesterday axed its benchmark rate to 3 percent, the lowest level since 1955. The reduction of 1.5 percentage points was the biggest in 16 years. The ECB followed with its second half-point cut in a month, to 3.25 percent, and President Jean-Claude Trichet declined to rule out further moves south.

The action in Europe, which extended to reductions in the Czech Republic, Switzerland and Denmark, followed decisions last week by the Fed to drop its key rate to 1 percent, matching the lowest in a half-century, and the Bank of Japan to cut to 0.3 percent in its first paring in seven years. The central bank of South Korea today cut its benchmark for a third time in a month.

Buy Silver,and shaaaadaaapp!

silver lined promises maybe

Harsher Blows

Monetary policy is being eased because the 15-month credit crisis is inflicting harsher blows to growth and inflation than central bankers anticipated just two months ago. Yesterday the International Monetary Fund cut its month-old forecast for next year's global expansion to 2.2 percent from 3 percent, and predicted the first contraction in advanced economies since it was created in 1945. It estimated prices would rise just 1.4 percent in rich nations, less than half of this year's pace.

The conundrum for central banks is their rate cuts may still not be packing a punch, even on top of record injections of cash and a willingness to accept lower-rated collateral for their loans.

One reason: credit markets remain fragile, indicating financial institutions are still conserving cash after recording losses and writedowns of about $691 billion. The London interbank offered rate for three-month loans fell to 2.29 percent today from 4.82 percent on Oct. 10. The record drop still leaves Libor 129 basis points above the Fed's benchmark, compared with an average of 22 basis points in the five years before the global credit crisis began in August 2007.

The way it looks,we will all get electronic swipe cards,with free money.

Save the trees.

Bloomberg hasn't a clue and if they do, they arent going to tell because that would screw up their plans

You might want to go to youtube and lookup money as debt, the long version ... there is no crisis, they print money as they need it, as they want it ... the so called "crisis" is a psycho implant, keeping people focused on themselves and theyre own little world. Guess what the last depression brought?

Its called "emotional depression management." all part of the elite war effort and the christian agenda.

beats bank branching