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Posted by c249709 4 days ago

The Fed says this is a cube of $1M. They're off by half a million(calvin.sh)
1453 points | 546 commentspage 6
efitz 4 days ago|
They’re using US Treasury accounting standards. Either that or inflation is a $!+(@.
foxglacier 3 days ago||
Had a laugh at those cheap rubber furniture corner guards that only cover 2 edges of each 3 edged corner. Somebody must have got whacked in the head so they decided to stick them on afterwards.
calibas 3 days ago||
The bills look well used, I assume they were going to be retired anyway.

I bring this up because the article and many of the comments here act like this "cost" the Fed $1.5 million to make the cube.

Evidlo 3 days ago||
If the cube contains 1.5x more bills than it should (50% more volume), then the correct scaling of the cube should have been (2/3)^(1/3) = 87%
mzur 4 days ago||
If you need a web app to mark/count things in images, search for "image annotation" tools. I know first hand of a tool that is around since 2009 and still maintained.
ck2 4 days ago||
What's really crazy is even if it was real it wouldn't be enough to refund taxpayers for a single presidential golf weekend (428 times first term, 30+ this term so far)
wat10000 4 days ago||
I'd bet on "hollow." Either they overestimated how large the cube would have to be to contain that much, or just decided they wanted a bigger cube than they needed.
Brian_K_White 4 days ago||
What is the point in making a display like this at all in the first place, but making it either under claimed or over filled?

Who gets anything out of giving people the wrong idea about what $1m would look like?

If you are commissioning the thing to be built, why might you want it to either contain more than $1m, or be hollow and larger than what $1m really is? What purpose does an incorrect display serve? A correct display already serves almost no purpose in the first place, now make it incorrect.

None of the reasons I can think of would seem to apply here:

Disinformation.

Advertizement.

Art, where the artists point was to make it wrong and never tell anyone.

Simple goof up? This one is at least plausible. Someone estimated wrong, got a local shop to build an expensive cube(1), well we got the cube we got, fill it and get the display up.

(1) That will have to be quite thick polycarbonate or glass, not cheap. In fact, that right there might expose that there is at least some kind of fakery inside, if the glass is not at least as thick as the aluminum frame, then it's not strong enough, neither is the frame for that matter if it's what it looks like. So if the glass and frame are as thin as they look, then there is some kind of internal skeleton.)

Maybe there is some other significance we've lost since it was built. Maybe the $1m was never the interesting point originally. Maybe instead the dimensions or maybe weight of the cube were the interrsting thing, and this is really something like "1000 gallons of $1 bills" and that just hsppens to come out to 1.55m.

swyx 4 days ago|
artists cant do math
suspended_state 4 days ago||
[dead]
Waterluvian 3 days ago|
This right here is my favourite flavour of the Web.
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