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<p>[QUOTE="ErolGarip, post: 2840558, member: 88736"]This may look unreal to many people here. True, unreal, it is not 15cent in reality. </p><p>That 15cent (based on 2009 data, maybe it is 16cent today in 2017) is according to "designed economy" in which 1cent too is being tried to be circulated, it is minted, distributed, but, in reality, it's not been circulating really. So, if we do same calculations for "real economy" that is in every daily life, by omitting 1cent coin like it is done in daily life, these are figures of real economy, reflection on the coin: </p><p><br /></p><p>After omitting 1cent, </p><p>total value of coins in $ is $2,585 trillion - $1,65 trillion = $0,935 trillion = $935 billion... </p><p>total quantity of all other coins except 1cent = 5 billion pieces. </p><p><br /></p><p>So, the average value of coins (without 1cent) is $935/5 = $187 = 18700 cents... Now, probably, this looks more real. Yes, so. Imagine a coin with that face value 18700cents... Beyond the range, 1-100cents, but, it is still in cent even if it is 18700cents. </p><p>From this, the difference between "designed economy" and "real economy" can be seen in 15cents and 18700cents... </p><p><br /></p><p>This 18700cent is still unreal of course, it is so because of omitting $1,65 trillion which appear in the calculations. This $1,65 trillion of 1cent coins corresponds to 165 trillion pieces of 1cent coins, i.e. about 19,000 trailers filled with 1cent coins (of total 20,000 trailers filled with all coins including 1cent coins.) Of course, omitting 19,000 trailers of total 20,000 trailers is strange, but, in real economy, it is a reality being done... Main problem lies in the "design" in which 1cent coin too is being tried to be circulated, that can not be done practically, not logical either.</p><p><br /></p><p>Ps: in my calculations in a previous post, I see I did an error, total quantity was not 170 trillion pieces, but, around 166 trillion pieces, 4 trillion pieces which corresponds to around $1 trillion is not a small error. However, my this "big" error does not change the result much, instead of 15cents, it would have been 16cents. On the other hand, the result of small error by omitting 1cent results in big result which can also be seen in the omitting 165 trillion pieces of total 166 trillion pieces, in value, $1,65 trillion of total $2,585 trillion... So, after all, we can see how a "small" error (trying to circulate 1cent coin) results in a "big" result... (those who studied some chaos science are familiar with this concept.)[/QUOTE]</p><p><br /></p>
[QUOTE="ErolGarip, post: 2840558, member: 88736"]This may look unreal to many people here. True, unreal, it is not 15cent in reality. That 15cent (based on 2009 data, maybe it is 16cent today in 2017) is according to "designed economy" in which 1cent too is being tried to be circulated, it is minted, distributed, but, in reality, it's not been circulating really. So, if we do same calculations for "real economy" that is in every daily life, by omitting 1cent coin like it is done in daily life, these are figures of real economy, reflection on the coin: After omitting 1cent, total value of coins in $ is $2,585 trillion - $1,65 trillion = $0,935 trillion = $935 billion... total quantity of all other coins except 1cent = 5 billion pieces. So, the average value of coins (without 1cent) is $935/5 = $187 = 18700 cents... Now, probably, this looks more real. Yes, so. Imagine a coin with that face value 18700cents... Beyond the range, 1-100cents, but, it is still in cent even if it is 18700cents. From this, the difference between "designed economy" and "real economy" can be seen in 15cents and 18700cents... This 18700cent is still unreal of course, it is so because of omitting $1,65 trillion which appear in the calculations. This $1,65 trillion of 1cent coins corresponds to 165 trillion pieces of 1cent coins, i.e. about 19,000 trailers filled with 1cent coins (of total 20,000 trailers filled with all coins including 1cent coins.) Of course, omitting 19,000 trailers of total 20,000 trailers is strange, but, in real economy, it is a reality being done... Main problem lies in the "design" in which 1cent coin too is being tried to be circulated, that can not be done practically, not logical either. Ps: in my calculations in a previous post, I see I did an error, total quantity was not 170 trillion pieces, but, around 166 trillion pieces, 4 trillion pieces which corresponds to around $1 trillion is not a small error. However, my this "big" error does not change the result much, instead of 15cents, it would have been 16cents. On the other hand, the result of small error by omitting 1cent results in big result which can also be seen in the omitting 165 trillion pieces of total 166 trillion pieces, in value, $1,65 trillion of total $2,585 trillion... So, after all, we can see how a "small" error (trying to circulate 1cent coin) results in a "big" result... (those who studied some chaos science are familiar with this concept.)[/QUOTE]
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