We know we keep saying, oh but to be rich ; but even the rich would think thrice before paving streets with cash. Residents of Manila in Philippines have embarked upon a project that promises to garner global headlines. They are paving 70 kilometers (43.5 miles) with coins of 25 centavo each (1 peso = 100 centavos while 1 peso = 0.023 USD) ; so each of those coins is worth 0.005 USD if my basic arithmetic is correct (don’t bet on it though). But what we do know for sure is that its definitely not worth flying down into the Philippines trying to rip up the streets paved with cash.
The current record has been set by the United States which was 64.8 kms long (about 40 miles). More than three million coins shall be used in the endeavour which brings up the total to a respectable $15,000 that is being used to pave the roads. Proceeds from the campaign will help build classrooms in the country, according to the Central Bank, one of the organizers.
Volunteers are working hard at the Rizal Park in Manila and are expected to complete soon! The coins will be laid on the tarmac for a few hours and then removed – so seriously, drop those planes of flying to the Philippines for the 15 grand.
Great spenders are bad lenders. —