Quote:
Originally Posted by Noah930
Depends. How flammable is the stuff they make dollar bills out of, these days?
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Let's see what we can estimate.
"Paper pellets" (discussed here:
http://74.125.47.132/search?q=cache:T8n3FCbKiG4J:www.focusonenergy.com/files/Document_Management_System/Renewables/W_RB_MKFS_Paper_pellets_indust_fact_sheet.pdf+%22b urning+paper%22+btu&hl=en&ct=clnk&cd=1&gl=us ) are described as having BTUs of 8,500 to 11,500 per pound.
A U.S. dollar bill weighs approximately 1 gram; so it would take about 454 bills to equal one pound.
An internet search indicates there are about 5.8 million BTUs per barrel of oil.
If we figured dollar bills as having 10,000 BTUs per pound, it would take 580 pounds of dollars to give the equivalent heat energy in a barrel of oil.
That equates to about $260,000 to equal the heat energy in a barrel of oil.
At the rate the Fed is creating new money -- and particularly considering the "mentality" of people running the Fed -- it wouldn't surprise me to see oil at $260,000/barrel sometime over the next 50 years.