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How much is £500 billion

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50Twuncle50Twuncle Forumite
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Weight of 500 billion pounds in Pound coins

  • A pound coin weighs 9.5g or 0.0095kg
  • Five hundred billion Pound coins would weigh 4,750,000 metric tonnes.
  • A car, such as Volkswagon golf weighs 1,376kg.
  • So Five hundred billion pounds in Pound coins would weigh the equivalent of 3,452,034  cars.
This is how much the country is borrowing to get us through the crisis
Things will get better

Replies

  • TakedapTakedap Forumite
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    In rough figures.....   If someone gave you a pound coin every second,, you'd be a millionaire after about 11 days.   It would take about 32 years to get to be a billionaire.  So about 16,000 years before you could get to the sum mentioned.
  • 50Twuncle50Twuncle Forumite
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    Good job we don't still use the pre 1974 definition of BILLION - Or we would be in debt by a factor of 1000
    As it is - its only £7,700 per man, woman and child in the UK!
    Things will get better
  • 50Twuncle50Twuncle Forumite
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    End to end - 500,000,000,000 £ coins would stretch to the moon THREE times !
    Things will get better
  • venisonvenison Forumite
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    Who knows how much debt the nation will have to go into during this crisis? Personally I'm not that bothered as it won't be my generation that has to pay for it, which makes a change !
    Stay safe, keep well and take care x
  • wesleyadwesleyad Forumite
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    If you do it in Bezos instead of pound coins its only about 5 Bezos, so 350kg or half a Morris Minor
  • phillwphillw Forumite
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    £500 billion is a lot to one person, but it's not a huge amount for a country of 66 million.
    Obviously £0 would be a better number, but that wasn't a choice as not spending the money loses more money elsewhere.
  • TakedapTakedap Forumite
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    phillw said:
    £500 billion is a lot to one person, but it's not a huge amount for a country of 66 million.
    Obviously £0 would be a better number, but that wasn't a choice as not spending the money loses more money elsewhere.

    About seven and a half grand for every man, woman & child.  £32,000 ish for the "average" family.   Not exactly "back of the sofa" type money.   And I think the bill has gone up quite a lot since the post was started.
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