what would you do with 3 billion dollars?

Tuesday, April 13th, 2010

what could one buy with 3 billion dollars? the city of detroit maybe, and possibly have a 2.5 billion dollars left over. one could purchase 10.4 billion shares in apple computer or 79.4 billion shares in microsoft, whose shares are currently trading in the low 30s. an investment in microsoft might not be such a bad idea for the u.s. government, considering where their share price is at the moment.

but here’s what the u.s. government plans to to. the financial times reports that the u.s. provides 3 billion dollars per year to israel, a country a bit displeased with the president at the moment. so what does this heavily indebted government do? well, the u.s. government pledges to increase this amount. will they just simply print more money?

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One comment on “what would you do with 3 billion dollars?

  1. dpwozney says:

    Re: “will they just simply print more money?

    If the stated value, of “Federal” Reserve notes, declines enough with respect to copper and nickel, the 1946-2009 U.S. Mint nickels, composed of cupronickel alloy, could become somewhat rare in mass circulation.

    The April 13th metal value of these nickels is “$0.0614575” or 122.91% of face value, according to the “United States Circulating Coinage Intrinsic Value Table” available at Coinflation.com.

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