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

7790 ratings | 845914 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 (794)
Roxling (5 hours ago)
Just carry a check
MJ (21 hours ago)
Whoever said to make USD have lower denominations is a dumb fuck
Nicolas Melia (4 days ago)
Thanks needed this video tonight. All 975tho fit in just fine after watching. Didn't think I could do it.
Yee He (7 days ago)
But earning 1 million is not as ez as u think :D
Dravelen Hawk (10 days ago)
If time is money, then Monopoly is pay-to-win.
Patrickhh (11 days ago)
You can still use resources. 25 grams of diamonds is worth a million dollars
Saurav Prasad (11 days ago)
Great now I just have to find a million $
Forbio (11 days ago)
Or you can just use a bag, this seems like a pointless video.
Shaun Dreclin (12 days 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 (12 days ago)
Most smart criminals keep their cash in btc or monero..
Ryan McCauley (13 days ago)
No no nooooooo
Steve (14 days ago)
Meh they have bitcoin :)
Sentient2x (18 days 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 (19 days 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 (19 days ago)
i dont care
val kommari (21 days ago)
Or just buy a bitcoin
Mr Zachary 666 (21 days ago)
Thank you and now i'm gonna rob a bank😂😂😂
BOOM Stuff (22 days ago)
did anyone see that the code was 666
Anonymous Anonymous (22 days ago)
How many microSD could you fit in a briefcase? They have value.
Anonymous Anonymous (22 days ago)
There is really no benefit to making banknotes weigh more than gold for the same value.
ViperCS (22 days 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 (23 days ago)
what did the trees ever do to you do to you?
Aleksandr Denisovich (23 days ago)
but...a swiss franc is equal to $1.01!
Justano Therthrowaway (23 days 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 (24 days ago)
they could use Pokemon trading-cards instead.
funny ducky (25 days ago)
And poker sets
The Strexil (25 days ago)
What if you dont have a million dollars, what would you carry in that briefcase???
denhaag 070 (25 days ago)
we have 200 euro and 500 euro bills
Robert Downey Jr. (25 days ago)
Larry Summers is a whole ass idiot huh
Bit Coin (25 days ago)
Larry Summers needs to retire. We should introduce larger bills, not get rid of them.
2Fat4FlyTrash YT (26 days ago)
Just use a camping backpack
Hamish Murray (26 days ago)
Dam! Us English only have £50 notes 😠 but I guess we can use checks
MARIJUANA CULTIVATOR (26 days ago)
There's no need to go with smaller bills you fucking goons
vladimir lenin (26 days ago)
Great now I only need to find the money to carry
thereal3picanteater (26 days ago)
Will this title was not misleading at all...
U guys wasting paper remember to recycle
The lone observer ‘ (27 days ago)
No more cash in brief cases? Ah hell I’ll just use mine for nuclear codes.
Enesettin Hüseyin (28 days 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 (1 month ago)
Or you could just carry a debit/credit card lol
Vibinator (1 month 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 (1 month ago)
sadly, i opened it and it was empty. but hey, i am now a proud owner of a suitcase.
jacquon nelson (1 month 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 (1 month ago)
Hm yes thank you, Now I need the money and thats me
noodle doodle (1 month ago)
Your wasting paper the trees!!!!!
Sandy Holmes (1 month ago)
Just use bagpack
SQUIDTB TB (1 month ago)
Thanks
shooter817 (1 month ago)
thats all i need to change the world.
wassuup (1 month ago)
Lol so bloomberg doesnt even have 1 mil cash hahaha
Doctor PH (1 month ago)
I don't really know why I find this satisfying
XenoTek 444 (1 month ago)
Do this when you wanna get your ass robbed
LumiYT (1 month ago)
i hate when i need to carry 1 million dollars every day...
JM Valencia (1 month ago)
this video does'nt make any sence
Captain K'nuckles (1 month ago)
Nuclear codes or stacks of money hmm... i think ill carry diabetic supplies in style.
Cats (1 month ago)
This is so stupid. What a genuine waste of time even watching this video.
A Chair (1 month ago)
Credit card.... duh
Landon E (1 month ago)
Just carry 10 100$ bills
Heloderma (1 month ago)
ohh thank you guys i really didn`t know how to carry my $1 million..
Boris Eijgenraam (1 month ago)
'They just use forein currency' Because it's not suspitious to go to a currency office or bank with a million dollar.
Jesse T (1 month ago)
How about crypto currency?
onniex gaming (1 month ago)
Why do i need to know this
SelfManiack zero (1 month ago)
6.900 thiefs liked this video
Sans The Skeleton (1 month ago)
Ok I will get sticky note dollars
Holiday Gift (1 month ago)
just use bitcoin
Erick Payeras (1 month ago)
You won me over (☞゚∀゚)☞
God Mode (1 month ago)
*I'll definitely think of this when I'm going to carry my 1 million dollars*
Nicholas Lau (1 month ago)
You what what is better? Convert all of them into coins
Oz El Coskuner (1 month ago)
What is POUND..? Who uses pound any more.. ?
Isuccatshooters (1 month ago)
Or a duffle bag
kingofhuskys (1 month ago)
Or poker chips could go in the briefcase
sudhamsh chirrapu (1 month ago)
India already did baned 1000 rupees note, but idiots here came up with a even big denomination(2000) after demonization
Jim Brandon (1 month ago)
Thank you very much, this was helpful.
EmersedWeevil40 (1 month ago)
More trees and paper used, inflation and chaos
Banana Bread (1 month ago)
How about 1 million pennies
Damha Deeas (1 month ago)
Just write a check
best gameplay (1 month ago)
We have 500 euros bills xD
flori511 (1 month ago)
imagine this but in Bolivar (Venezuelan money) (1$=79887.50 Bs)
Pepp Boi (1 month ago)
"Now we have 150 pounds of money" Me: And A lot of wasted paper.
Gabriel St-Germain (1 month ago)
Or... You use Bitcoin
OhThatWasBs -.- (1 month ago)
What a pointless video lol ffs youtube
TheGreenTaco999 (1 month ago)
Cash and offs? You mean small loans, right?
Branimir Lukač (1 month ago)
Hočete navesti EU da izbaci 500€ i 200€ iz opticaja?! To vam je cilj sa ovim clipom😁?!
VR Central (1 month ago)
A man in whose villa i once stayed told me he got paid a million in cash, but it got delivered in a big travel suitcase by 3 black audi's
NeonJohn (1 month ago)
BTC, check to a foreign account, there are so many workarounds this would pretty much annoy only regular people. Criminals won't be deterred on how they get 1 million dollars, if they're getting 1 million dollars.
pioco56 (1 month ago)
There's 25 dollar coins in Switzerland, they are fucking wierd.
Raashid Mansha (1 month ago)
First make 1 million dollores
Deacon Ho (1 month ago)
true
drdwkelley (1 month ago)
yeah but then how do you transfer 1m usd into swiss notes without people asking questions? especially if it is drug money
severn j (1 month ago)
but wait... we already did get rid of hi value bills... there was going to be a 1000 and 100000 dollar bill
severn j (1 month ago)
yes they were... in never went into full production but photos of its original design was a thing. they never implemented them so that it would be harder for criminals to carry large sums of money
diamond videos (1 month ago)
We weren't going to have 100,000 dollar bills
William Puchy (1 month ago)
I wish I had this problem
Styx T33N (1 month ago)
How about bit-coins?
Fit4EPICness (1 month ago)
*I was doing it all wrong... Until now..*
Karamvir Khanna (2 months ago)
This is junk, you can carry a chip with bitcoin on it in your wallet, and nobody will suspect a thing ffs
HaLuNkE ST0NER (2 months ago)
Crypto currency?
Gianni (2 months ago)
or use bitcoin.?
The Tip0 Of Memes (2 months ago)
The code to the case is 666
JD Siggy (2 months ago)
money checks anyone
Bob Ried (2 months ago)
also bit coin or crupto cruencies
Genipsis Space Agency (2 months ago)
Just put them in your credit card that’s why TachNoeloegi is eggsisdent. And also to be aware stupid thieves will steal u mahnaey
Just A Normal Canadian (2 months ago)
Easy.... PUT IT IN A CHECK
Kyle Shorts (2 months ago)
Criminals would just buy gold, trade it off, then sell it.

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