5.7 billion is $1,000 bills stacked 2000 ft high or 66 stories. 5.7 million 24"
5.7 billion= $1,000 bills stacked 2000 ft high or 67 stories.
5.7 million would be about 24”, or two feet.
People out there in the general population are batting around $5.7 billion think we should give this douche bag for nothing useful may not actually have a grasp of the difference between a million and a billion. Hope this is useful to DUers having discussions out there in the wild.
= new reply since forum marked as read
We haven't printed them for a while, but in the USA there most certainly ARE $1000 bills. Since all US federal banknotes and coins are still legal tender, so are $1,000 bills, no matter how old (most of the ones left are series 1934). Well-preserved ones bring a premium on the collector market.
$5.7 billion would require 57000 bundles of one hundred $1000 notes each. Even if you could find that many, it's not like you could comfortably fit it into a briefcase.
In case you ever have doubts again:
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Actually, it is estimated that somewhere between 150,000 and 170,000 $1000 notes survive, so one couldn't put together the 5,700,000 $1000 notes necessary to get to $5.7 billion in cash at any rate. When they (and larger) notes come into the Federal Reserve, they are not re-released into circulation, so they have become collector items more than anything else. However, since they ARE still legal tender, any collector of these things had better have a large budget for his or her collection. As a contrast, Switzerland has demonetized most of their older currency, so though a modern 1000 Swiss Franc bill is worth about $1000 as legal tender, one from forty years ago is no longer legal tender, and is so worth about $50 on the collector market down there.
