Sunday, September 7, 2008

Buy a platinum vibrator studded with diamonds for each woman in Europe and the Americas

For the price of the Iraq War, we could've bought a platinum vibrator studded with diamonds for each woman in Europe and the Americas.  

731 million people live in Europe, 524 million live in North America, and 382 million people live in South America.  Assuming that half of these people are women, there are 819 million women on these three continents combined.  

JimmyJane sells the Little Platinum Eternity vibrator, plated in platinum and encircled by 28 conflict-free VS1 diamonds, for $3,250.  Buying 819 million of these vibrators would cost $2.66 trillion, which is less than Joseph Stiglitz and Linda Bilmes' estimate of $3 trillion for the cost of the Iraq War.

2 comments:

Andy said...

I might almost provide a counter argument that the purchase of so many said vibrators would actually drastically increase the cost of platinum and diamonds, and possibly even exhaust the supply of platinum. I say this coming from a position of a vast lack of knowledge about the actual amount of platinum available though, so I am probably wrong. Still. Funny.

Neil Sinhababu said...

Actually, you're thinking in the right direction -- the global platinum supply is quite limited and it's possible that all this vibrator-buying would exhaust it.

I've just made a general rule of avoiding either (1) supply exhaustion issues or (2) volume discounts for buying in extreme bulk, because it's impossible to tell how prices would move.