Interesting Facts You Didn’t Know About Money

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Interesting Facts You Didn’t Know About Money

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Interesting Facts You Didn’t Know About Money.). Money can’t buy everything, but it sure helps and it’s natural to want more. - PowerPoint PPT Presentation

Transcript of Interesting Facts You Didn’t Know About Money

Interesting Facts You Didn’t Know About Money

15. Pretty PennyA penny costs approximately 2.4 cents to manufacture. That’s a pretty big loss. If you went on Shark Tank and proposed this you would be (sorry) eaten alive.

14. One LoveWe have all heard the phrases "money can’t buy happiness" and "money can’t buy love," which as an absolute rings true.

13. Big AppleApple, Inc. earns $300,000 a minute. By the time you read through this list Apple will have made another $3 million.

12. Bankrupt!The word bankrupt is part of our everyday language, referring to areas outside of just money (moral, social, etc…). The original meaning of the word was very much related to money and banks.

11. Out of SightOver 65 percent of all U.S. money is actually overseas. I’m sure a lot of this has to do with banks holding money in other countries as well as money borrowed or held for debts.

10. China Wins!China was the first country to create paper money. This occurred over 1,400 years ago.

9. Advance to BoardwalkMore Monopoly money is printed every year than real money (there is $15,140 in a game).

8. Drug Lord MoneyDrug king pin Pablo Escobar had so much money that rats would ravage and eat approximate $1 billion in currency a year.

7. BankrollIt takes approximately 4,000 double folds before a bill tears.

6. Mile HighIf you stacked U.S. dollar bills on top of each other one mile high, the stack would be worth over $14 million. This would be the ultimate game of Jenga (whomever knocks over the stack loses).

5. Making MoneyWe know doctors and lawyers have to spend extra years in school before they are able to go out and earn money and many other professionals spend additional time on graduate degrees.

4. Been Caught StealingWe already discussed how the Chinese initially cut out the hearts of counterfeiters. The British had more of a “big bang” approach in 1817 when they hanged 313 counterfeiters.

3. The $100,000 BillThe largest U.S. bill ever printed was in 1934, the $100,000 bill. Unfortunately it was never released to the public, just used by the Federal Reserve for transactions.

2. That costs five bucks!There are many slang names for currency, for the dollar bill there is clam, single and most famous, buck.

1. Drug Money90 percent of U.S. paper currency carries traces of cocaine.