The Fine Art of Stacking Coins and Paper Money in Very Tall Stacks

by Les Porter

People get lost in the Trillions of Dollars linked to essentially meaningless values. In June of 2007, the posted derivative value of all leveraged contracts recognized and tracked by the Bank for International Settlements (BIS) was posted as $516.407 trillion dollars. BIS is a Cartel. It is not controlled by any government, nor by any god-given or man-derived laws whatever. It is not controlled by natural laws, which actually control all life in the ecology of the planet. That is, it does not operate on any "real laws" whatever.

It operates on the old skimming and scamming rules originating with the development of groups of humans living together; in a City. Cities were made possible by the development of agriculture.

Cities are the equivalent of human civilization.

Some people had a hard time doing work that contributed to the health of a city, or any work at all. They weren't good in the field with crops, could not figure out which way water would run; things like that. [Hint: downhill.]

They became traders of foods and agricultural grains, and when quantities were large enough and agreements on possession and ownership were made, markers for values and symbols of possession were developed. Eventually this turned into some kind of trade-able thing agreed to be symbolic of something real.

Money stood in for real things. Then, gradually, a few -- like those in BIS decided to turn money into a thing of value in itself. . . and with that illusion came the idea of future value and compounded interest. . .where the only possible connection to reality and natural laws was in population growth acting like interest. In fact, without population growth, the idea of interest fails. . .and it is well known that "population growth" is not an unlimited possibility. . .growth in any thing but knowledge, is not sustainable; not possible.

Engineering great "die-offs" . . .has possibilities for the growth of money. . .the concept of ideas and intellectual property having monetary value eventually came into being and "money" as a thing in itself expanded the possibilities of acquiring money to use for survival. You know, having a "job." Farm jobs, mining and materials jobs, lumbering jobs -- building huts or hovels or building cathedrals or roads or canals or ditches and eventually, manufacturing jobs, making things that civilization might use. But it all depends on population growth with additional members of the species participating in "civilization."

What happens when population growth numbers decline. These numbers, while confined to Earth alone must inevitably cease exponential growth. What do you think should be the number we limit ourselves to reaching?

That aside. . . with our current population . . .

What is your share of the nearly astronomical sum of $516,407,000,000,000 value?

$516.408 x 10^12dollars / 6.7 billion people = $77,075.67/per person

Have you got your share? In June of 2007, the Bank for International Settlements posted that $516.407 trillion dollars paper value was anchored by assets of $11.140 trillion dollars.

$516.407 / $11.140 = 46.36 ratio of leverage

So one dollar of asset is levered into $46.36 of derivative.

The "REAL MONEY" that backs the derivatives is 11.140 trillion and therefore $11.140 trillion/6.7 billion people.

So that is only $1662.69 for each person.

The CIA estimated the World Domestic Product (year output) at around $65.82 Trillion for 2007

https://www.cia.gov/library/publications/the-world-factbook/geos/xx.html

$65.82 Trillion / 6.7 billion people = $9,832.88 / person

Do You think these are "real" values?

-- Proposed U.S. federal budget is $3 trillion for 2008-9

U.S. government's maximum legal debt is $9 trillion

U.S. money supply is about $15 trillion

$15 trillion / 303,795,007 = $49,375.40 as your share of the US money supply. Have you got yours?

U.S. annual gross domestic product is about $15 trillion
$15 trillion/304 million people(Americans) = $49,342

Is your "output" nearly $50,000 yearly?

U.S. mutual fund companies manage about $12 trillion

World's GDPs for all nations is nearly $66 trillion
(This is a CIA estimate.)

Reiterating, $65.82 trillion/6.7 Billion people = $9,832.88 / person.

Hmm?

Looks like there are some severe equity disparities and just making more $ is not going to change the destiny of those who do not share this largess, does it now?  You know by now that "trickle down" from the goodness of the wealthy, is not the way "wealth" works.  You know that, right?

Do we need to limit people or money? Or see if there are distribution difficulties?

Unfunded Social Security and Medicare benefits $50 trillion to $65 trillion
(Do sick and old Americans need the entire world's output for medication?)

Ah, come on! Big pharma is telling a little tale here! Don't bite. [But we do have to fix the "health" business.]

Total value of the world's "real estate" is estimated at about $75 trillion.  This is a really stupid estimation; I'm sorry; but real estate is the home we live in -- for our species -- and all others indigenous to Earth, it is priceless.  It does demonstrate the microcephalism of economists, assessors, and underwriters -- each and every one of them . . .

This is one of the big flaws in the entire system of economic ideas -- who "owns" your footrest, or where you stand? Is your cave better than my cave? How about your hut compared to my hovel? What is this ownership of real estate? Territorial imperative? Let's get real? This kind of evaluation points to one of the fundamental flaws in the humans financial farce. Real Estate Market "Corrections?"

What an insane situation. And what if a big bad wind huffs and puffs and blows your hovel away, or sucks up a storm surge and floods your hut? (Katrina) You must still pay your monthly mortgage and hope the insurer doesn't belly-up. Of course, them insure guys got pull with the law guys -- and might send your property  to some "neighborhood limitations adjustments" so the whole hovel block is degraded 40% to 50% when it comes to Act of God risk recovery. Did you sign-in to that? Dis you even see it? On your insurance? It was down there in the "fine,fine,fine" print on one page you initialed.

Total value of world's stock and bond markets is more than $100 trillion . . .

(How can anything in bonds or stocks be of more value than the Earth's green hills, blue oceans and once abundant balanced life? Do you suppose there are problems with a concept like this? I do. This is the Wall Street theft.)

BIS valuation of world's derivatives back in 2002 was about $100 trillion

What happened between 2002 and 2007?

(Well, Credit Default Swaps! -- default insurance fostered by JP Morgan Chase, et al. came into existence -- a new explosive "financial instrument.")

BIS 2007 valuation of the world's derivatives was $516 trillion

I think we are nearer a $700-800 trillion derivative value, counting everything on the black market. These are economic quantities outside of regulations, far outside of laws, and far beyond taxes. To play in this market, you have to scam and skim and hide. Many diverse uncertain complex instruments and things play in these shadow lands, much of it in the "criminal activity" realm.

It is hard for most of us to understand the immense scale of the financial quagmire the banking cartels and the Fed have contrived for us, and the rest of the world. There are hints of the 516 Trillion Dollar economy, having been just largest part of the inverted iceberg. That is, the visible portion, but deeply submerged in the shadows, lies another $344 trillion in a speculator's Exchange Traded Derivatives commodity fantasy. This fantasy potential can render destruction or potential salvation and it comes from that amount currently totally invisible to the BIS or any central bank or government oversight. (This stuff can also instantly vanish -- kind of like the power and numeric value of "confidence.")

At the visible level, the international banking community is at the base of this, of course. (Elsewhere I have pointed at the old bloodline banks.) This cartel is an "illusion group," trying to stay in shadows and myth and actually thinks it controls everything on Earth. That is a joke of planetary proportion. And an ironic illusion. Because of the current approaching meltdown, there seems to be "fear" in the Banks that society may finally regulate them. [And Yes.  Society must regulate them.  Why? Profit and usury has just about destroyed the planet.] 

But if you need these illusions, they should be grandiose illusions. It is the neurotics to psychotics "move up!" Getting ahead of the competition or the neighbors, the "Jonses." Yes! Build the illusion, then move into it.

516 trillion dollars. This is truly an astronomical quantity of money.

Because of the nearly astronomical immensity of the $516 Trillion, I here try to find several alternative methods of relating how immense the quantities are when compared to things people might be familiar with...

 

------------------------------------Bank of International Settlements, Basel, Switzerland Image: Wikipedia

 

The Gross World Product was estimated by the CIA as roughly 66 trillion dollars in 2007. That is the value of of the world's entire economic output as estimated by the intelligence community. (Of course! it is speculative -- and Intelligence? that too.) But world wide "derivatives" are paper-valued at between 500 and 700 trillion dollars, with $516.407 Trillion recorded by reporting banks and members of the worldwide economic consortium in June 2007. That is where a lot of paper value has dried up, too. But let's compare pennies. All the world's paper value $516.407 x 10^12, would yield 51.6407 quadrillion pennies.

Image:Wikipedia, Reverse side of the US one Cent coin. Lincoln Memorial and Statue

 

According to the US MINT page:
http://www.usmint.gov/about_the_mint/?action=coin_specifications

Pennies are 2.5% Copper, and 97.5% zinc. The total weight of this mixture of metals for a single coin is 2.500 grams, or 1 US penny weight. Now if you could stack pennies, each 1.55 mm thick as tall as a meter, it would amount to $6.45 (645 pennies would be 0.16 penny too short or actually 999.75 millimeters tall. The value of the metal itself in a penny in February 2008 was 6/tenths of a cent.($0.00600) for a "face" monetary value of 1/100th of a dollar ($0.01)

From Wikipedia: As of March 16, 2008, the price of pre-1982 US cent pennies which weigh 3.1 grams are 2.576016 us cents which is a 157.6016% above face value metal content at market and the post-1982 us cent pennies which weigh 2.5 grams are 0.683893 US cents in metal content which is 68.3893% metal content of face value which is not over face value. As each US nickel is 7.310391 us cents in metal content and is 46.20782% metal content at market over face value. All pre-1982 US 1-cent pennies and all US 5-cent nickels are worth more in metal content than face value.  But as an American you are forbidden melting them down. . .

Wikipedia:  "According to the US Mint, the costs of producing and shipping one-cent (penny) and 5-cent (nickel) coins during fiscal year 2007 are $0.0167 per penny and $0.0953 per nickel. Canada switched to making iron based coins in the year 2000, where the face value of coins is above the metal content of the coins. The US is in line to change the metal composition of the US pennies and US nickels if not all US metal coinage at a coming future date."

But a stack of 51.6 quadrillion pennies would be all the imagined "money" in the world and then some! So how tall is a stack of 51.6x 10^15 1.55 mm thick pennies?

Here are some money stacks!

Stacks of pennies, each 1.55 mm thick and exactly 3/4 inch (19.05 mm) in diameter.

$0.0645 pennies per centimeter (6 pennies stacked are not quite a cm tall)

$0.16387 pennies per inch (16 pennies almost make an inch tall stack, try it!)

$6.45 per meter (well, it would be 1/4 of a millimeter short, at 999.75 millimeters)

$6,451.61 per kilometer height of stack.

$64,516.12 per ten kilometers height of stack.

$6,451,612,903.22 per million kilometers. ( The Moon is 360,000 to 405,000km)

Now, the stack of pennies equivalent to $516 trillion in "derivative values" which is what the "derivative world economy" operates on, is a tall, tall unstackable stack of pennies! Some of you may recall that it takes 100 pennies to make a dollar! So, at 1.55 mm thick each, how tall is a stack of pennies of $516 trillion value? That is 51.6 quadrillion pennies. (51.6 x 10^15 pennies.)

51.6407 quadrillion pennies, each 1.55 mm thick, stacked flat, reach a the height of:

80,043,085,000 kilometers -- 80 billion km!
49,736,362,630.6 miles -------49.74 Billion miles!

This may seem "trivial," but it isn't! Read on! This is a distance light travels in just over 74.16 hours So it would take about 3 days 2 hours 9 minutes 55 seconds for light to climb a penny stack that tall.

The stack of pennies would weigh 129 billion tons. Now, since 97.5% of a modern penny is zinc with a density of 7.14 and 2.5% is copper's density of 8.92, I rough out a density of 7.18 for a penny, therefore, yielding a volume of 17,966,573,816.15 cubic meters of "penny metal." The copper component is plating on a surface of zinc.  But we'll look at the density as that of an "alloy."

The size of such a block of penny metal would be a cube 2,619.12 meters tall, wide, and deep.

A cube of penny metal 8,592.89 feet tall, wide, and deep.

To cover a bank run on pennies! Well, to make pennies, have we even got enough copper and zinc?

It turns out we can't even find enough zinc OR copper to make 51.6 quadrillion pennies.

If we minted pennies like mad how many derivatives could we cover?

In 2006 total world "reserves" of zinc are 460,000,000 tons and recoverable copper reserves are 470,000,000 tons. That is ALL there is we can get to near the surface, mineable.

460,000,000 tons Zinc
470,000,000 tons copper
930,000,000 tons total

129 billion tons / 930,000,000 tons = 138.7 times. So we need to have 138.7 more times copper or zinc to stamp out 51.6 quadrillion pennies. We do not have enough coin-able metal to make that number of pennies. What if we we could change pennies to other metals? Change the amount of copper or zinc and mix with what? Iron? Like Canada?

Forget the ratio of copper and zinc -- how many pennies could we make out of 930 Million tons of penny material no matter how we mixed it? 930 million tons at 2.5 grams per penny makes $3.72 trillion dollars -- in pennies. Far short of the $516 trillion dollars in derivatives.

Visit this site for a larger look: http://upload.wikimedia.org/wikipedia/commons/7/7b/United_States_one_dollar_bill%2C_obverse.jpg

You should not get bent out of shape here. A paper dollar "bill" weighs "about" 0.98296 grams, in a dry climate. Gee. That is nearly a gram. If it is "dirty" money or "bloody" money it could come in heavier or lighter, and if it is "old" money it might lighten-up with age, be worn, flaked, chewed by use. But clean fresh paper money weighs in about 1 gram for each "bill" no matter the denomination, and if you bite it or taste them, they are all pretty much the same.

If you actually have to be able to "eat" money, you know, your diet is not carrots and meat, but money!

 

Money for Food Recipe:  Money you can eat, Party time!

To practice eating immense quantities of leveraged money, I suggest you get them in Hundred Dollar bills.

Go ahead and "puree" the bill, mix with mustard or ketchup and use as a pasty substance at your dinner parties. By using several bills you could come up with $300 to $800 pastes, and dips -- a touch of lemon, salt and what ever pepper to spice them up. You could make them so tasteful when people asked how you made them, just tell them it is a $600 dollar recipe and is a "family" secret.

Wikipedia: "Modern U.S. currency, regardless of denomination, is 2.61 inches (66.3 mm) wide, 6.14 inches (156 mm) long, and 0.0043 inches (0.109 mm) thick. A single bill weighs about one gram and costs approximately 4.2 cents for the Bureau of Engraving and Printing to produce.. In September 2004, it was estimated that if all the gold held by the U.S. government (261.7 million ounces = 8 140 Mg) were again required to back the circulating U.S. currency ($733,170,953,704), gold would need to be valued at $2,800/ounce (90 $/g)."

You can put ANY DENOMINATION on a paper platform, and US PAPER Money platforms are all 0.109 mm or 0.0043in thick, and they all weigh a gram or so. Since each bill weighs a gram, $1,000,000 in "Ones" weighs a metric ton. (A ton of money in paper is a million!)

If you stacked a million bucks tightly and flat how tall would a stack of Ones be?

$1,000,000 in Ones x 0.109 mm = 109,000 mm = a stack 109 meters tall. Taller than a football playing field is long. This would certainly be "inconvenient" to carry.

But scaling the "derivatives in paper", is another story. For the $516 trillion dollars even paper money. . .stacks pretty high.

Image: Wikipedia, Front side, "obverse" side of one dollar bill. ALL Paper MONEY images: WIKIPEDIA

$516,407,000,000,000 in Ones = 516,407,000 metric tons, if stacked tightly = 56,288,363 km tall

 

 

$516,407,000,000,000 in Hundreds= 5,164,070 metric tons, tightly stacked = 562,883.63 km tall

 

 

$516,407,000,000,000 in Thousands = 516,407 metric tons, tightly stacked = 56,288.363 km tall

I am old enough to have actually held and spent some of these Thousand Dollar Bills!  How about you?

 

 

$516,407,000,000,000 in $10,000 bills= 51,640.7 metric tons, tightly stacked= 5,628.8663 km tall

 

 

$516,407,000,000,000 in $100,000 bills= 5,164.07 metric tons, tightly stacked= 562.88663 km tall

 

Pretend XOMBA still allowed big text, or colored text. [this is a Rich Text editor???] sure.

 $516,407,000,000,000 in  MILLION DOLLAR BILLS!!!  The Million Dollar bills weigh 516.407 metric tons, stacked = 56.288663 km tall.

==========

That is how a lot of money stacks up. Maybe the whole world is worth much more than these derivative values?

The paper One dollar bills, $516.407 trillion of them would cover a lot of acres laid in rows and columns edge to edge.

1,319,321,487.890 Acres

2,061,439.8248285 Square Miles, or 54% of the US area.

This link to table below is to the CIA. If you look at the overall rich and poor, you may clearly see imbalance in the world

https://www.cia.gov/library/publications/the-world-factbook/docs/rankorderguide.html