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

calvin.sh

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

#31
post #27

counting things are a huge intellectual blind spot. For some reason, when people hear a figure, they accept it as gospel. sums, averages, population, budgets, spending, rates. Counting things is time consuming and error prone. Ask a casino. You can have 3 people count something and come to a different figure off by a few percent. Seriously if someone says there's $1m in there, who is going to second guess? Thankfully…

Makes you wonder if all those pallets of cash we sent Iran really contained all the money we said it did. Also makes me wonder how you count money that arrives on pallets like that? Do you set up a warehouse full of money counters?

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

#32
post #26
post #23

Re Dot Counter, cool work, but charging me $3 to download an image with dots on it is just silly.

still cheaper than https://countthings.com/

That's 0.80€ per count and it's automatic. Still seems too expensive.

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

#36
I can't help wondering how big a cube you'd need to fill it with 1 million $1 coins.

43x43 piles of 541 coins each make 1000309 coins with a pile height of 541*2mm = 1.082m, while the width would be somewhat less than 43*26.5mm = 1.1395m with a hexagonal packing.

So just over 1m cubed, a little smaller than the bill version. But at 8100 kg, tons heavier.

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

#38
post #20

Earlier quoted context omitted.

That still wouldn't account for a 50% shortfall though?

It's not a shortfall . The OP says it totals $1.5M ... and extra $0.5M

I wonder how many read the title, and assume it’s about being short. I certainly did.
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