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Briefcase Full of Money
Whenever someone is offering someone else an obscene amount of money for whatever reason, it will always be in the form of neatly stacked and bound stacks of bills in a briefcase, or, if the amount is even larger, a suitcase. Always.
February 28, 2012
Bentley Burglar Evades Glendale Lockdown With Briefcase Full Of Cash
Glendale police officers and their dogs are tracking at least three burglary suspects who allegedly kicked in the window of a Bentley and stole a briefcase full of cash, police said.
$1.1 trillion would fill a lot of briefcases. As seen in the following chart, that money could also buy 4.7 million new homes.
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Remember all that money we sent to China in exchange for cheap goods to fill our landfills? Some of it is finally coming back. Woohoo!
June 21, 2012
Courting the Chinese Buyer
Buyers from China are pouring billions into residential property—and developers are courting them with everything from feng shui to lucky numbers.
Source Data:
St. Louis Fed: Real Currency per Capita
St. Louis Fed: New Homes vs. Currency
Don't forget all the palettes of cash we shipped to Iraq and, um, lost. Yeah, that's the ticket, we lost it.
ReplyDeleteIt's never too early to go Greek or Spanish and start pulling wads of cash out of the bank. I went out for a bank jog just the other day.
Seriously, other than convenience, why do we want to loan our money to banks? The banks apparently don't want it since they pay a small fraction of a percent in interest. And they don't seem to be loaning it out. I've found myself carrying around more cash than I would ever have dreamed a few years ago. I have stashes all over the place.
If I had the space, I'd convert most of it to real goods. Of course, I wish I could store gasoline safely, too.
Mr Slippery,
ReplyDeleteIt's never too early to go Greek or Spanish and start pulling wads of cash out of the bank. I went out for a bank jog just the other day.
"Dangerous voices...raining words"
How did "bank run" not make the list? D'oh! ;)