Friday, November 2, 2012

Extreme Initial Claims Danger v.21

Click to enlarge.

Click to enlarge.

Click to enlarge.

That's 70 straight revisions to the upside.

Let's say you bet one penny on June 30, 2011 that the initial claims would be revised higher the next week. Each week you won you doubled your bet. This is how much money you would have now.

$0.01 x 2^70 = $11,805,916,207,174,113,034.24

Try not to spend it all in the same place!

See Also:
Initial Claims Danger v.20

Source Data:
St. Louis Fed: Initial Claims
DOL: Initial Claims

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