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Cotton and U.S. Currency According to the Bureau of Engraving and Printing, US paper currency is made up of 75% cotton and 25% linen. That is, there are three-fourths of a pound of cotton in each pound of dollar bills. This same source also informs us that there are 490 bills in a pound of currency.
During Fiscal Year 1997, approximately nine and a half billion bills of all denominations were printed in the United States, consuming 30,551 bales of cotton. The total dollar value of these bills was one hundred and forty two billion dollars, or $9698.75 per pound of cotton.
Now THAT is value added.
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Denomination
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Bills Printed
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Cotton
Used
(lbs)
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Cotton
Used
(bales)
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Value of
Cotton
(Approx. $0.70/lb)
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Value of
Currency Printed
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$1
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4,646,400,000
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7,111,837
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14,816
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4,978,286
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$4,646,400,000
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$2
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102,400,000
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156,735
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327
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109,714
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$204,800,000
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$5
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896,000,000
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1,371,429
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2,857
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960,000
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$4,480,000,000
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$10
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998,400,000
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1,528,163
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3,184
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1,069,714
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$9,984,000,000
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$20
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1,881,600,000
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2,880,000
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6,000
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2,016,000
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$37,632,000,000
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$50
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406,400,000
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622,041
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1,296
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435,429
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$20,320,000,000
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$100
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649,600,000
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994,286
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2,071
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696,000
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$64,960,000,000
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Total
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9,580,800,000
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14,664,490
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30,551
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10,265,143
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$142,227,200,000
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See other items that can be made from a bale of cotton.
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