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Carrying $1 Million in Cash Is Easier Than You'd Think

8041 ratings | 878779 views
Larry Summers proposed eliminating high denomination currency to help curb illegal cash transfers. Bloomberg looks at how this would impact a $1 million handoff. Like this video? Subscribe to Bloomberg Business on YouTube: http://www.youtube.com/Bloomberg Watch Bloomberg TV live at http://www.bloomberg.com/live
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Text Comments (831)
Sp1nosu Ez (21 hours ago)
Fuck you 15 seconds ad!And it couldnt be skipped -_-
fame TV (2 days ago)
Did anyone notice how much paper was wasted in this video?
Dark Duckie Gaming (4 days ago)
Use a credit card lol
yor BOI (4 days ago)
ADA Home (4 days ago)
Then, there is Bitcoin
aynel (6 days ago)
Whats the point of having dollar bills when vbucks will become bigger than bitcoin?
DuploeGaming 1504 (6 days ago)
Credit card.
Cartoon CN (7 days ago)
How to carry 1 million dollars. Step 1 : have 1 million dollars first.
Senator (7 days ago)
Then criminals would just use larger gym packs. thoes can get so much more money inside. also some already use thoes so no point
trollbreeder (8 days ago)
HOWEVER, that will eliminate convenience for the customers. Imagine having to pay exactly 143 dollars and you can only pay in 1 dollar bills.
Run the Land (8 days ago)
Can you give me the money and suitcase? I think I need to practice
AJohnson0325 (9 days ago)
the whole thing about getting rid of large denomination notes because of crime is retarded. The european union is trying to do the same thing with the 500 euro note. Just go look at all the photos of the guns, money, and drugs taken from the cartels...it’s usually 20 dollar bills.
INoI GT (9 days ago)
*i wanna try it out, Anyone kind enough to lend me a million $?*
And even if you ban large bills for every single currency on the planet, you can still get a, say, $100 car to carry all of our money in. And if not, we can always use Bitcoin or any other cryptocurrency.
bob bob (13 days ago)
Rubber Band (13 days ago)
I have no problem carrying 1 million. However, 2 million can be tricky sometimes.
Logic Is life (13 days ago)
Basically u change it to a foreign money which has a more higher value
Cozy Man (14 days ago)
Now at 1 million wow that’s a lot of subscribers
kevin player (18 days ago)
Well this is a pointless video.
no body (20 days ago)
Why am I even watching this?
piggypoo (23 days ago)
I'd say make everything coins and everyone must use leather pouches.
Roxling (26 days ago)
Just carry a check
MJ (27 days ago)
Whoever said to make USD have lower denominations is a dumb fuck
Nicolas Melia (1 month ago)
Thanks needed this video tonight. All 975tho fit in just fine after watching. Didn't think I could do it.
Yee He (1 month ago)
But earning 1 million is not as ez as u think :D
Dravelen Hawk (1 month ago)
If time is money, then Monopoly is pay-to-win.
Patrickhh (1 month ago)
You can still use resources. 25 grams of diamonds is worth a million dollars
Saurav Prasad (1 month ago)
Great now I just have to find a million $
Forbio (1 month ago)
Or you can just use a bag, this seems like a pointless video.
Shaun Dreclin (1 month ago)
As usual this would only punish law abiding citizens while the criminals would keep committing crimes. They can use foreign currencies or crypto currencies to keep doing business as usual.
SCOUT (1 month ago)
Most smart criminals keep their cash in btc or monero..
Ryan McCauley (1 month ago)
No no nooooooo
Steve (1 month ago)
Meh they have bitcoin :)
Sentient2x (1 month ago)
Anyone ever think that those minimalistic paintings are actually just cash exchanges? Perfectly disguised, any amount, and people get to marvel at your blank canvas!
hahahaha (1 month ago)
Go to Singapore and get a $10 000 bill equivalent to USD$7337 a piece. Oh and u can launder your money easily there. Get some properties and it's done
Potato (1 month ago)
i dont care
val kommari (1 month ago)
Or just buy a bitcoin
Mr Zachary 666 (1 month ago)
Thank you and now i'm gonna rob a bank😂😂😂
BOOM Stuff (1 month ago)
did anyone see that the code was 666
Anonymous Anonymous (1 month ago)
How many microSD could you fit in a briefcase? They have value.
Anonymous Anonymous (1 month ago)
There is really no benefit to making banknotes weigh more than gold for the same value.
ViperCS (1 month ago)
Next time i will rob a bank i will ask them to exchange all of thier money to other currency in cash thanks man!
Particle (1 month ago)
what did the trees ever do to you do to you?
Aleksandr Denisovich (1 month ago)
but...a swiss franc is equal to $1.01!
Justano Therthrowaway (1 month ago)
It's not the damn money that's causing crime, it's people. People need to stop blaming inanimate object objects for our problems.
Runi (1 month ago)
they could use Pokemon trading-cards instead.
funny ducky (1 month ago)
And poker sets
The Strexil (1 month ago)
What if you dont have a million dollars, what would you carry in that briefcase???
TCk (21 days ago)
The Strexil a million and one dollars
denhaag 070 (1 month ago)
we have 200 euro and 500 euro bills
Robert Downey Jr. (1 month ago)
Larry Summers is a whole ass idiot huh
Bit Coin (1 month ago)
Larry Summers needs to retire. We should introduce larger bills, not get rid of them.
2Fat4FlyTrash YT (1 month ago)
Just use a camping backpack
Hamish Murray (1 month ago)
Dam! Us English only have £50 notes 😠 but I guess we can use checks
There's no need to go with smaller bills you fucking goons
f arrazi (1 month ago)
Great now I only need to find the money to carry
thereal3picanteater (1 month ago)
Will this title was not misleading at all...
U guys wasting paper remember to recycle
The lone observer ‘ (1 month ago)
No more cash in brief cases? Ah hell I’ll just use mine for nuclear codes.
Enesettin Hüseyin (1 month ago)
We just need to focus on how to have a million dollars first
Christine (1 month ago)
*Nuclear codes or stacks of money* Or if your like me FOOD
Raiin Drxp (2 months ago)
Or you could just carry a debit/credit card lol
Vibinator (2 months ago)
i found one of those exact cases at my shared bins, i am now drinking my neighbours are either drug lords, spies or super rich.......
Vibinator (2 months ago)
sadly, i opened it and it was empty. but hey, i am now a proud owner of a suitcase.
jacquon nelson (2 months ago)
Well the last one really wouldn't work, how would someone transfer that amount of cash money into a different currency, especially a criminal
Wild SlavTM (2 months ago)
Hm yes thank you, Now I need the money and thats me
noodle doodle (2 months ago)
Your wasting paper the trees!!!!!
Sandy Holmes (2 months ago)
Just use bagpack
SQUIDTB TB (2 months ago)
efrain fernandez (2 months ago)
thats all i need to change the world.
wassuup (2 months ago)
Lol so bloomberg doesnt even have 1 mil cash hahaha
Doctor PH (2 months ago)
I don't really know why I find this satisfying
XenoTek 444 (2 months ago)
Do this when you wanna get your ass robbed
LumiYT (2 months ago)
i hate when i need to carry 1 million dollars every day...
JM Valencia (2 months ago)
this video does'nt make any sence
Captain K'nuckles (2 months ago)
Nuclear codes or stacks of money hmm... i think ill carry diabetic supplies in style.
Cats (2 months ago)
This is so stupid. What a genuine waste of time even watching this video.
A Chair (2 months ago)
Credit card.... duh
Landon E (2 months ago)
Just carry 10 100$ bills
Heloderma (2 months ago)
ohh thank you guys i really didn`t know how to carry my $1 million..
Boris Eijgenraam (2 months ago)
'They just use forein currency' Because it's not suspitious to go to a currency office or bank with a million dollar.
Jesse T (2 months ago)
How about crypto currency?
onniex gaming (2 months ago)
Why do i need to know this
SelfManiack zero (2 months ago)
6.900 thiefs liked this video
Nature Lover (2 months ago)
Ok I will get sticky note dollars
Holiday Gift (2 months ago)
just use bitcoin
Erick Payeras (2 months ago)
You won me over (☞゚∀゚)☞
God Mode (2 months ago)
*I'll definitely think of this when I'm going to carry my 1 million dollars*
Nicholas Lau (2 months ago)
You what what is better? Convert all of them into coins
Oz El Coskuner (2 months ago)
What is POUND..? Who uses pound any more.. ?
Isuccatshooters (2 months ago)
Or a duffle bag
kingofhuskys (2 months ago)
Or poker chips could go in the briefcase
sudhamsh chirrapu (2 months ago)
India already did baned 1000 rupees note, but idiots here came up with a even big denomination(2000) after demonization
Jim Brandon (2 months ago)
Thank you very much, this was helpful.
EmersedWeevil40 (2 months ago)
More trees and paper used, inflation and chaos
Banana Bread (2 months ago)
How about 1 million pennies
Damha Deeas (2 months ago)
Just write a check
best gameplay (2 months ago)
We have 500 euros bills xD
flori511 (2 months ago)
imagine this but in Bolivar (Venezuelan money) (1$=79887.50 Bs)
Pepp Boi (2 months ago)
"Now we have 150 pounds of money" Me: And A lot of wasted paper.
Gabriel St-Germain (2 months ago)
Or... You use Bitcoin

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