Re: And whoever said dollars were worthless?

The Rev — Thu, 04 Mar 2010 02:49:09 GMT

Hard Drugs are the new Hard Money. LOL

The Rev

Re: And whoever said dollars were worthless?

Jeremiah Dyke — Thu, 04 Mar 2010 02:43:59 GMT

I'll take that as a no, not worth the effort to expand.

Though it would be interesting to know if the traces of drugs on the dollar bills are in fact worth more then the dollar bill itself, there probably wouldn't be much interest

And whoever said dollars were worthless?

Jeremiah Dyke — Wed, 03 Mar 2010 02:38:57 GMT

--I wrote this a year back, do you think its worth the effot to expand?

And whoever said dollars were worthless?

As many of you late-but-great hippies and Saturday night Belushi lovers may attest, dollar bills make great straws if one partakes in lines!

Consequently, evidence has shown that a large percentage of bank notes are contaminated with traces of cocaine. Although the evidence is not conclusive, it is probably safe to estimate that 75% of all federal bills have traces of various drugs, most notably cocaine, on them. Indeed, studies quoted throughout the 90’s in The Los Angeles Times, Washington Post, , Chicago Sun-Times onward to as late as 2008 issues of Forensic Science suggests that within all likelihood more than 3/4th’s of all federal bills have tainted portions of cocaine due to the velocity of money exchange, devices used for counting as well as the use of bills for paraphernalia
So what does all this mean? It means that the dollars are not worthless pieces of cotton and linen after all! Dollars have become storage devices of a vastly popular Columbian staple crop, “cocaína”

In fact, due to our governments relentless and useless war on drug supply, and the inflated prices as a byproduct, the traces of cocaine dispersed throughout the dollar are most likely worth more than actual dollar itself.

According to the aforementioned articles, notably Forensic Science International, the median amount of cocaine found on federal bills was approximately 1.37 μg (found here) or, 0.000000137 grams. With this in mind, we may multiply this median weight by the average price of a gram of cocaine—which varies according to location—in order to estimate the real dollars value

According to The Economist:
“The street price of cocaine varies hugely across the world. No surprise that it is cheapest in Colombia, the world's biggest producer of coca: at $2, a gram costs less than a Big Mac. Geography is an obvious price factor. The farther away a country from the main producers in South and Central America, and the more isolated it is, the higher the cost to traffick there. In far-flung New Zealand, a gram costs a wallet-busting $714.30.”

Using some ball-park estimates, an average gram of cocaine sells for between forty and ninety dollars depending on purity, location and time of year. Proceeding with these ball park estimates, when multiplying the median weight by the average price, our results indicates a value of cocaine between .00000548 to .00001233 cents for the majority of all federal dollars.
In order to compare these figures to the average costs of producing a dollar bill we may either accept the standard quote of 4.2 cents per bill, or revise the results in order to calculate the actual material worth of the dollar ( versus material worth and labor). This author prefers the latter method of dollar worth in order to bypass the inefficiencies of government labor. After all, it not like the minting press has competition!

Therefore, given that the dollar bill weighs about a gram, and its material is composed of 75% cotton and 25% linen (as well as some ink), we may, theoretically, compare the value of its material composition to the value of the traces of cocaine. However, with the various subsides associated with international fair-trade laws, the author is at a loss to determine the true value of a gram of cotton and linen and thus is at a loss to determine the true value of a dollar.

Nevertheless, at least we know there is some hidden values in those greenbacks—just use some hand sanitizer!!

General

Re: And whoever said dollars were worthless?

Re: And whoever said dollars were worthless?

And whoever said dollars were worthless?