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…
The Fed says this is a cube of $1M. They're off by half a million
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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
#32Re: The Fed says this is a cube of $1M. They're off by half a million
#33Do we truly know if the Middle is all dollar bills and not filler?
Re: The Fed says this is a cube of $1M. They're off by half a million
#34Re Dot Counter, cool work, but charging me $3 to download an image with dots on it is just silly.
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Re: The Fed says this is a cube of $1M. They're off by half a million
#35Ron Paul is still alive and in some small way, just got his dream of auditing the fed turned into reality.
Re: The Fed says this is a cube of $1M. They're off by half a million
#36I 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
#37Since the rows counted were not uniform, why assume all 19 under each of them is? As such, it wouldn't have to be hollow, but doesn't have to be neatly packed in the center, either.
Hilarious and well written exercise, regardless. Kudos!
Re: The Fed says this is a cube of $1M. They're off by half a million
#38Re: The Fed says this is a cube of $1M. They're off by half a million
#39I don't think the cube is stacked as uniformly as the OP thinks.
Notice in this photo how the side of the cub right/side - the bills are not oriented in the same direction as on the other sides.
Re: The Fed says this is a cube of $1M. They're off by half a million
#40Not surprised that the Fed overspent a project by 50%.