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The Fed says this is a cube of $1M. They're off by half a million

calvin.sh

151–160 of 578 posts

Re: The Fed says this is a cube of $1M. They're off by half a million

#151
post #12

Earlier quoted context omitted.

Uh... in-app purchases for $24 for a 24-hour license? $80 pay-per-count? The AI marketing images... Ugh.

I get that they're selling to industry, not consumers. They also seem to be offering some pretty strong guarantees regarding accuracy. Nevertheless that pricing is bananas. An uncountable number of bananas.

"If you are not getting 100% accuracy, contact us."

Ok, that's pretty a pretty good marketing line, I have to admit.

Re: The Fed says this is a cube of $1M. They're off by half a million

#153
post #95

Meanwhile I'm in a debate about the effectiveness/competence of government workers on another post. I realize the fed is not technically a government agency.

I do not understand the claim the Fed is not a government agency?

The Federal Reserve is an independent bank. An important detail the current US administration does not like.

Re: The Fed says this is a cube of $1M. They're off by half a million

#154

Do we truly know if the Middle is all dollar bills and not filler?

Did you read the article?

> What if it’s hollow? You can only see the outer stacks. For all we know, the middle is just air and crumpled-up old newspaper. A money shell. A decorative cube. A fiscal illusion. The world’s most expensive piñata (but don’t hit it, security is watching).

Re: The Fed says this is a cube of $1M. They're off by half a million

#156

> For all we know, the middle is just air and crumpled-up old newspaper. I think this is the answer. I suspect the exhibit designers had a cool idea for a display, did a rough estimate of the area needed and then commissioned the exhibit builders to make the big metal-framed cube. Either they made an error in their calculation or the innate variability in the size of stacks of used bills threw it off. It's also possi…

The compression of the bills under their own weight might account for the excessive margin - a lone $100 bundle, even compressed by hand before measuring, probably takes up more vertical space than the ones in the cube.

[deleted]

Re: The Fed says this is a cube of $1M. They're off by half a million

#158
I imagine that to have the cube displayed on its corner like that the center must contain some pretty solid structure that anchors the whole thing securely to the floor or else the 2000+ pounds of carefully balanced cash would present an even larger liability.

Re: The Fed says this is a cube of $1M. They're off by half a million

#160
post #12

Earlier quoted context omitted.

Uh... in-app purchases for $24 for a 24-hour license? $80 pay-per-count? The AI marketing images... Ugh.

I get that they're selling to industry, not consumers. They also seem to be offering some pretty strong guarantees regarding accuracy. Nevertheless that pricing is bananas. An uncountable number of bananas.

It's only €24 for a 24 hour period, and I'd pay that to know exactly how many bananas their pricing is!
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