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Originally posted by Pervius
Our nuclear bombs are worth atleast a cool Quadrillion.
They can end life on this planet. Accept our currency or else.
Now... the real resource to put up as collateral would be the 10,000+ nuclear warheads...with an appraised value of $500billion each... because thats' how much destruction a warhead could cause, considering all the infrastructure & other economic resources that would need to be replaced/ and don't forget the Billion$ that will need to be paid out to the beneficiaries of the victims...(think the Japan nuclear reactor meltdown was a pure accident?)...no indeed... the insurance firms are in the backrooms, feverishly trying to mitigate their liabilities and such.
The program would earn the US government anywhere from $2.6 billion to $5.1 billion because of seigniorage. Explanation: It costs around 4.5 cents [in 1997] to produce a quarter at the Mint (material, labor, etc.). The quarter enters circulation by "selling" it to a Federal Reserve Bank for 25 cents, whereupon the FRB distributes it to the population. When quarters are set aside by the public as souvenirs, more quarters are necessarily produced at the Mint ( to fulfill the needs of commerce) and subsequently "sold" at a profit of more than 20 cents per quarter.