Unexpectedly Intriguing!
14 January 2013

With their hope for building a Death Star to stimulate the U.S. economy now dashed because of "budget constraints", the only hope left for the people who signed onto the White House petition in support of the project turned out not to be Obi-Wan Kenobi, but rather a radical plan to create change - specifically a plan to mint a one-trillion dollar coin that might perhaps be used to pay for the Emperor's evil endeavors.

Their new hope was to make a special American Eagle Platinum Bullion Coin and simply stamp "One Trillion Dollars" on it, which to us seems really lame. After all, this represented a real opportunity to go onto what we'll call the "platinum standard", so it seemed to us that the coin should be made out of $1,000,000,000,000 worth of platinum. Because that would be extra special!

Using the spot price for platinum of $1,629 per ounce at the close of business on 11 January 2013, we estimate that it would take just over 613,873,542 ounces of platinum to make the coin, which works out to be about 38,367,096.4 pounds, or a bit over 19,183.5 tons.

That seems like a lot, but physically, that much platinum would only occupy almost 21,427 cubic feet of space, just enough to fit inside this modest home design of "rare beauty".

Now, here's where it gets interesting, because all the platinum that has ever been mined on Earth would fit in a room that's just 25 cubic feet in volume. That would leave the U.S. Mint about 21,402 cubic feet of platinum short of what would be needed to do the job properly.

So we find that the trillion dollar coin fanatics plan was never feasible and instead recommend that they should return to their original Death Star ambition. At least that plan stands a better chance of achieving success - especially now that the U.S. Treasury has officially killed their hopes for the trillion dollar platinum coin.

Until then, these stormtroopers of progress will have to go back to their day jobs of repressing the portion of the population that still has free will.


About Political Calculations

Welcome to the blogosphere's toolchest! Here, unlike other blogs dedicated to analyzing current events, we create easy-to-use, simple tools to do the math related to them so you can get in on the action too! If you would like to learn more about these tools, or if you would like to contribute ideas to develop for this blog, please e-mail us at:

ironman at politicalcalculations.com

Thanks in advance!

Recent Posts

Stock Charts and News

Most Popular Posts
Quick Index

Site Data

This site is primarily powered by:

This page is powered by Blogger. Isn't yours?

CSS Validation

Valid CSS!

RSS Site Feed

AddThis Feed Button


The tools on this site are built using JavaScript. If you would like to learn more, one of the best free resources on the web is available at W3Schools.com.

Other Cool Resources

Blog Roll

Market Links

Useful Election Data
Charities We Support
Shopping Guides
Recommended Reading
Recently Shopped

Seeking Alpha Certified

Legal Disclaimer

Materials on this website are published by Political Calculations to provide visitors with free information and insights regarding the incentives created by the laws and policies described. However, this website is not designed for the purpose of providing legal, medical or financial advice to individuals. Visitors should not rely upon information on this website as a substitute for personal legal, medical or financial advice. While we make every effort to provide accurate website information, laws can change and inaccuracies happen despite our best efforts. If you have an individual problem, you should seek advice from a licensed professional in your state, i.e., by a competent authority with specialized knowledge who can apply it to the particular circumstances of your case.