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

calvin.sh

501–510 of 578 posts

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

#501
post #500

Earlier quoted context omitted.

What if they say “Friday week”?

The second Friday from today

> The second Friday from today

What if it’s Friday where you are, but isn’t for me yet? Would that be a week from tomorrow or two weeks from tomorrow, for me or for you?

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

#502

Earlier quoted context omitted.

People are quick to state this as if it's a slam dunk case for 'we shouldn't make them any more', but I don't understand the thinking there. An individual coin can be used many many times to facilitate many many transactions before it eventually falls out of circulation through loss or damage. The amount you should spend on making coins of a given denomination has nothing to do with what the total face value of those…

> It's a different story if the material value of the metal in the coin exceeds its face value - at that point it makes sense to go to a bank, change money into pennies, then scrap them and sell the copper. That would be bad. Well, that is highly illegal and not very profitable vs the amount of risk. You'd be better off doing almost any other crime.

In my countries a decade or so ago we had a copper coin for roughly 1c. People started hoarding and defacing the coins then selling it as copper scraps. It was so rampant that I think it would have been infeasible to punish eveyrone. So the Govt just discountinued it.

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

#504

From a 2014 reddit post[0]: > This is actually not a million dollars in singles. It is over $1,000,000. The box was created with the wrong dimensions by the contractor, but they still decided to fill it, display it, and claim it is $1,000,000. > > Source: Tour Guide at the Chicago Fed [0] https://old.reddit.com/r/pics/comments/2f9sp7/one_million_do...

Seems pretty on-brand for the Fed As we say in my family: "close enough for government work!"

Fed (and European EZB) are not government institutions.

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

#505
post #367

Earlier quoted context omitted.

I guess that's why we have €1 and €2 coins (1 EUR ≈ 1.18 USD).

Well that, and Germans need the 1 Euro coin to unlock their shopping trolley. (Or at least they used to; when I visited back recently many supermarkets had free trolleys! Can you imagine my shock?)

A US quarter will work just fine in those trolleys that take 1/2 euro coins. I hang onto one for just that purpose because I won't accidentally spend it.

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

#506
post #500

Earlier quoted context omitted.

The second Friday from today

> The second Friday from today What if it’s Friday where you are, but isn’t for me yet? Would that be a week from tomorrow or two weeks from tomorrow, for me or for you?

I'd go off the timezone of whoever made the statement, but honestly this is where it's better to simply clarify by saying "just checking, that's in 8 days, yeah?" or similar.

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

#507

Earlier quoted context omitted.

Never seen or heard this in New Zealand from native speakers.

I’m Australian and I’ve heard this a lot

Likewise. I'm Australian and have used it regularly for a long time. My parents have always used it.

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

#508

Earlier quoted context omitted.

Every time I hear it, it befuddles me just like the first time. It seems like a syntax error or something. My mind literally reels, like the idea is a fish and I can nearly feel the fishing line drag but the syntax and grammar isn’t rigidly applied, and so I can’t increase the tension or the line will snap, as it isn’t rated for this hefty and impactful of an idea as when something occurs specifically. I don’t know i…

It's like saying "half ten" instead of "ten thirty". There's a missing word, it's "half past ten", it's "friday next week".

I hear this in the US when people say "a couple things" instead of "a couple of things". The word "of" is missing!

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

#509

Earlier quoted context omitted.

What if the person saying that means “Friday this week” sometimes and “Friday next week” other times? How can you know that they don’t from an isolated utterance? Can you know with reasonable certainty that the person saying it knows what you think they mean? From context you might know if it seems like they know how to use the phrase, but I always struggle to understand these quirks, perhaps because I heard these te…

> What if the person saying that means “Friday this week” sometimes and “Friday next week” other times? Well, I suppose they could, but then what if they meant Thursday? “Friday week” is surprisingly unambiguous. It always means “count forward from today until a Friday, then add a week”. Its partner is “Friday coming”, which is “count forward until a Friday”.

Exactly. "Friday week" is completely clear - there is no ambiguity about which Friday you might mean, and your definition is 100% accurate.

If you're unfamiliar with the phrase then it's likely meaningless, but if you do know then there's no chance of getting it incorrect.

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

#510

Earlier quoted context omitted.

"couple" and "few" are debatable, but thanks to Survivor we know definitively that "several" means seven.

Couple is not really debatable - it has a definition that includes 2. Not 2 or 3, or any more than 2. Just 2.

https://xkcd.com/1070/
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