Golden Credit
So I hear we as a country now have a brand shiny new credit limit debt ceiling. Nine trillion dollars. Or 9e12 as nerds write it.
Allow me to establish some facts before I get to my main point:
- Today, gold costs $550.80 an ounce.
- One gram of gold can be beaten into a sheet with an area of one square meter.
From these facts, and some simple unit conversions, we find that it would cost $50,316,759.87 to buy enough gold to cover a square mile (and who says you can’t get anything for fifty million bucks anymore?).
Nine trillion smackers divided by $50,316,759.87 equals 178,866,8432.
Therefore, if we maxed out our national credit card, we could gold-plate Nevada, South Carolina, Maryland, Vermont, New Jersey, and Connecticut.
Obviously, it doesn’t help that the borrow-and-spend Republicans have already spent most of that money. That’s why they had to raise the limit in the first place.