US Savings Bonds

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Vietnam 2010 – Global Risks, Asian Responses

Question: If someone sold the USA, how much would it sell for?

My son asked me how much money is circulating within the US at any given time. I thought he meant hard-cold cash but further discussion revealed that he meant everything; cash, savings, stocks, bonds, personal wealth, property, business valuations, etc. I answered with an “I have no idea but I’ll try to find out”. I guess the real question is if someone sold the USA what would it sell for.

Answer: Interesting question. I found this and am reposting it from another Y/A

Best Answer – Chosen by Voters
I found an article which estimated that value of the island of Manhattan (land only)

The most recent information I could find about the worth of Manhattan was from December 26, 2005 stating that the land in Central Park (843 acres) was worth $528,783,552,000. Manhattan is approximately 20 square miles in size. 1 square mile = 640 acres, so 20 square miles = 12,800 acres. Central Park therefore makes up approximately 6.586% of all Manhattan. This means 93.414% of the value of Manhattan is unaccounted for. We therefore take the $528,783,552,000 and multiply it by 15.184 to get a $8,029,049,453,000 for the total land value of Manhattan (that’s approximately $8 trillion)

Of course, the buildings would add quite a bit to that price.

Using some research for Cecil Adams, “According to the New York Public Library, the assessed value of taxable real estate in Manhattan for 1990-91 was $47 billion. Assuming the land alone accounts for 25 percent of this”.

So, if land is 25% of the value. an estimate for the value of Manhattan as a whole would be approximately 32Trillion (as of the end of 2005).

I hope this helps.

Source(s):

http://www.pfadvice.com/2006/01/15/compo…

http://www.straightdope.com/classics/a3_…

Opportunity – US Zeitgeist 2010

Question: Is there a table that shows the current value of US Savings Bonds?

I have US Savings Bonds from 1983 and newer. I want to find out if they are still accruing interest and their current value.

Answer: Here’s the government site that handles treasury bonds…

http://www.savingsbonds.gov/indiv/tools/tools.htm

Nine guys, one BIG bet!