300 Semi-Trucks Full of $100 Bills

It may help to understand how much money Congress just appropriated to bail out the banks if we calculate how many semi-trucks it would take to carry $700,000,000,000.

The dimensionsof a 40-foot semi-trailer are approximately
40' x 10' x 8'
for a total of 3200 cubic feet.

If you make a stack of a hundred $100 bills, it will be approximately 1.5 inches high and add up to $10,000. 8 stacks will be a foot high, and in a cubic foot you can pack approximately 2 stacks length-wise, 4 stacks across, 8 stacks high for a total of 64 stacks.

64 x $10,000 = $640,000 in a cubic foot of $100 bills.

So 1000 cubic feet of $100 bills will add up to
1000 x $640,000 = $640,000,000

That's still only 640 million dollars, so to contain 640 billion dollars you need...

1,000,000 cubic feet of $100 bills.

Each semi-truck can carry 3200 cubic feet of cargo, so to carry 1,000,000 cubic feet of $100 bills, you need
1,000,000 / 3200 = 312.

You still have to add in another $60,000,000,000 to arrive at the total bail-out of $700,000,000,000, and for that you need 30 more semi-trucks...

But even if 300 semi-trucks full of $100 bills isn't quite enough to carry $700,000,000,000, it still gives you a ball-park idea of how much money Congress just gave the banks.

Line up 300 semi-trucks bumper-to-bumper, and you get a caravan of solid money more than three miles long!



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Re: 300 Semi-Trucks Full of $100 Bills (none / 0)

I have seen days when even one of those $100 bills would have made a significant difference in my life.

Have you?


by Milo Millipede on Tue Oct 07, 2008 at 02:58:19 AM EST

No, now I use them as toilet paper.. (none / 0)

<sarcasm>God forbid that I would ever have to use a $1 bill...</sarcasm>

Idiot..


Health Care: WHY do we pay MORE and GET LESS?
http://content.healthaffairs.org/cgi/con tent/full/hlthaff.28.1.w1/DC1
by architek on Tue Oct 07, 2008 at 09:31:19 AM EST
[ Parent ]

How I do these calculations. (2.00 / 1)

I assume that a nice house in this country averages around $200,000.  That's low for some places, very high for others, but let's be generous.  By that calculation, 700 billion dollars is equal to houses for 3.5 million Americans who don't have houses right now.  

But 3.5 million is a big number, too, so let's think about cities rather than individual people.  Let's figure the average family size is 3.  In that case we could give a brand new house to everybody in a city of 10.5 million.  Unfortunately we don't have any cities that big.

Okay, let's try states then.  Bingo!  Michigan (thanks to Wikipedia) has a population of 10 million and change.  We could give new houses to everybody in Michigan, rich or poor, Republican or Democrat, batshit crazy or sane, and we would still have enough leftover to finance healthcare.  They could all be dusting off their porch steps and making appointments with their new doctors tomorrow for that much money.  Gosh!  I wonder if that would stimulate the economy any?

Somebody ought to put that in an ad and run it in Michigan.


by Dumbo on Tue Oct 07, 2008 at 04:06:23 AM EST

Where? (2.00 / 1)

Where I live, even now, after the so called crash, you can't buy a "nice house" for anything near that, which means that a very great percentage of the working public STILL cannot afford one. The price of housing is being kept artificially high.

Maybe in the Midwest.. but not on the coasts..


Health Care: WHY do we pay MORE and GET LESS?
http://content.healthaffairs.org/cgi/con tent/full/hlthaff.28.1.w1/DC1
by architek on Tue Oct 07, 2008 at 09:33:48 AM EST
[ Parent ]

I agree with you. They are crazy.. (2.00 / 1)

The only thing they will be able to do with many of those vacant houses soon is tear them down. After being left abandoned for months, or even years, they will be toxic and unlivable. That's what happens. Things grow in them.

Maybe that is the plan.


Health Care: WHY do we pay MORE and GET LESS?
http://content.healthaffairs.org/cgi/con tent/full/hlthaff.28.1.w1/DC1
by architek on Tue Oct 07, 2008 at 09:36:45 AM EST
[ Parent ]

Artifically induced scarcity (2.00 / 1)

During the Irish Potato Famine and the forced collectivization of the Ukraine, the Great Depression and the Great Leap Forward famine in China, even as entire families starved to death, dying, going mad from lack of food, food rotted in the fields or in warehouses and for one reason or another was not given to the hungry.. Meanwhile, people starved ..  even as economists claimed that everything was fine.. Record harvests!

In the Depression, many vacant houses that had been foreclosed were bulldozed, sometimes as demonstrators demonstrated trying to stop them, a few times riots ensued..but the houses were still torn down.

The status quo had to be preserved at all cost.


Health Care: WHY do we pay MORE and GET LESS?
http://content.healthaffairs.org/cgi/con tent/full/hlthaff.28.1.w1/DC1
by architek on Tue Oct 07, 2008 at 09:44:17 AM EST
[ Parent ]


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