Editing 980: Money

{{comic
| number    = 980
| date      = November 21, 2011
| title     = Money
| image     = money.png
| titletext = There, I showed you it.
}}
{{TOC}}
* Clicking on the image on xkcd takes you to an [https://xkcd.com/980/huge/ interactive] and much larger image. On the interactive image there are two links: one takes you to the [https//xkcd.com/980/sources/ sources and downloads] page where a list of sources and the [https://imgs.xkcd.com/comics/money_huge.png full image] can be downloaded

==Explanation==
{{Quote| I had a huge amount of fun putting the money chart together. It was the first time in a long time that my life’s been stable enough that I’ve been able to really disappear into a project—I’d almost forgotten how enjoyable it can be.|[[Randall Munroe]]|[https://blog.xkcd.com/2011/11/24/money-chart/ Source]}}

This is a [[:Category:Charts|chart]] comic - a type of comic that [[Randall]] does from time to time. He has for instance done [[Online Communities|maps of the Internet]] ([[Online Communities 2|twice]]!) and other huge visualizations like this chart [[Radiation]] with a similar structure as this chart but with Radiation as the subject. The Radiation chart is most likely the inspiration for this much more comprehensive Money chart.

In this money chart there are five boxes with items on different scales of monetary value denoting prices and values of many things, big and small (with the values contemporary to the comic's release in 2011; most are now more expensive due to inflation). Each scale of dollar increments are different colors. One dollar increments are green - naturally, because American paper money is green. Thousands are Orange/Red. Millions are gray. Billions are yellow. Trillions are blue. This comic uses {{w|Long and short scales|the short scale}} for naming large numbers (so a billion = 1000 millions = 10<sup>9</sup> rather than a million millions = 10<sup>12</sup> as in continental Europe).

Included in one frame is a small man with a red and white striped shirt, blue pants, a cane and a knit cap. He is known as Wally or Waldo (in the US) from the {{w|Where's Wally?|Where's Waldo books}}. To not give anything away for those who wish to search for him themselves there will be no spoiler here. But if someone needs a little help... Then by clicking this [[980: Money/Transcript#Billions|link]] you will be directed to the relevant section amongst the five sections where Waldo can be found. (The link will take you to that section of the full transcript page). If you still cannot find him (or give up in advance) then just search the transcript page for Wally or Waldo. There is a [[Header text#Money|unique header text]] for this comic.

The title text is a reference to the phrase "Show me the money!" which originates from the film ''{{w|Jerry Maguire}}''.

===Extra Money pages===
Since this comic is so big and complicated, extra pages have been created to include much more information than is wished for on this main page. These pages are listed here for convenience, but they are also listed in the relevant sections below:
* [[980: Money/Transcript]] - The full transcript of the entire comic can be found here. It is linked from the [[#Transcript|Transcript]] section.
* [[980: Money/Prices in tables]] is a complete list of every item in the comic.

===Tables with explanations===
====Dollars====
{| class="wikitable"
|+Dollars
|-
|Top-left
|The price of various common bills and commodities. The One Dollar Menu is a type of menu at various fast food restaurants. The one dollar bill and ten dollar bill are likely used for reference points. A Starbucks coffee actually ranges in price from $1.95 to $2.15 depending on the location. 
|-
|Middle-left
|Pet Ownership. The {{w|ASPCA}} is the American Society for the Prevention of Cruelty to Animals. The most expensive animal on this list may seem surprising; rabbits cost an average of 35 dollars more than dogs and 70 dollars more than cats.
|-
|Bottom-right
|Four boxes indicate that the CEO pay has skyrocketed from $490.31 (hourly) to $5,419.97 (hourly) in the same time period in which the average worker's salary has grown 10 cents.
|}

====Thousands====
{| class="wikitable"
|+Thousands
|-
|Top-right
|Hogwarts degree: a reference to {{w|Hogwarts|Hogwarts School of Witchcraft and Wizardy}} from the popular book series by {{w|J.K. Rowling}} about {{w|Harry Potter}}.
One box is the estimated yearly tuition for the school and the next is how much seven years at the school would cost. To get a degree at the school, it takes 7 years (starting at age 11, ending at age 18).
|-
|Bottom
|A reference to the song by {{w|Bare Naked Ladies}} entitled "{{w|If I Had $1000000}}" and all the things referenced in the song to buy the love of another person.
|-
|Middle-Right
|A few items on the marriage of {{w|Wedding of Prince William and Catherine Middleton|Kate Middleton and Prince William}}, the major royal wedding of 2011, including:
*a {{w|Wedding dress of Kate Middleton|wedding dress with its own Wikipedia page}} of 3 times the annual per capita income of the average UK person,
*an 8-tier [http://www.dailymail.co.uk/news/article-1381944/Royal-Wedding-cake-Kate-Middleton-requested-8-tiers-decorated-900-flowers.html wedding cake],
*and the flowers for the wedding. These re-appear in the Millions section of the graph, where they also list the costs for the security around the event ($20 million).
|}

====Millions====
{| class="wikitable"
|+Millions
|-
|Left
|Dr. Evil's ransom demands from the film "Austin Powers" corrected for inflation between 1969 and 1997.
|-
|Middle-right
|Another reference to JK Rowling, comparing her (actual $1 billion) net worth as an author with her (imagined $82,000) net worth as a rapper. 
The magnified 82 orange/red ($1,000) boxes are footnoted "Professional assessment by rapper/geek culture expert MC Frontalot."  {{w|MC Front-A-Lot}} is the creator of the subgenre of {{w|hip-hop}} known as {{w|Nerd Core}}.
|-
|Middle
|An {{w|Lockheed Martin F-22 Raptor|F-22 Raptor fighter jet}} (valued at $154.5M) is compared to a Velociraptor ($1.9M in production costs for the film Jurassic Park)
|}

====Billions====
{| class="wikitable"
|+Billions
|-
|Top-Left ((Fictional)Billionaires section)
|{{w|Carlisle Cullen}} is from the {{w|Twilight (series)|Twilight Series}} of books and movies. He is a vampire and adoptive father of {{w|Edward Cullen|Edward}}, {{w|Emmett Cullen|Emmett}} and {{w|Alice Cullen (Twilight)|Alice Cullen}}, as well as {{w|Rosalie Hale|Rosalie}} and {{w|Jasper Hale}}. He was born in the 1640s and amassed his wealth through many years of compound interest and investments.
|{{w|Scrooge McDuck}} is a cartoon character from many {{w|Disney}} properties including the afternoon cartoon, {{w|Duck Tales}}. Scrooge McDuck has a "money bin" full of coins and other sorts of collectibles that he routinely [http://www.youtube.com/watch?v=CMU2NwaaXEA goes swimming in].
|{{w|Bruce Wayne}} is {{w|Batman}}. {{w|Batman}} is {{w|Bruce Wayne}}. He is portrayed in many comic books, graphic novels, TV shows and movies by many different actors.
|{{w|Artemis Fowl II|Artemis Fowl}} is an Irish child prodigy and a ruthless master criminal from the {{w|Artemis Fowl (series)|eponymous book series}}. He uses his intelligence to build his family fortune through crime.
|}

====Trillions====
{| class="wikitable"
|+Trillions
|-
|As Randall already indicated in the transcript, this is the block for world, continent and nation finances. The numbers are really huge. There are no jokes in here (apart from the fact that Randall tried to make the shapes of the GDP look like the continent), likely because financial values this large aren't funny to start with.
|-
|GDP is {{w|Gross domestic product}}, the market value of all goods and services produced in a nation.
*The major chart in the center shows the development of the GDP in the world since the 1940s. So far the US GDP has always grown, except for a small reduction in the early 1980s, a flat line around the 1991 global recession and a flat line in the second half of the naughts. The world-wide GDP is growing more rapidly, but is also much more volatile.
|-
|In the middle of the box, it shows the worth of all gold ever mined in 2011 prices. This is important because of the concept of the {{w|Gold standard}}, a concept where monetary values are linked to the value of gold. As indicated in the top-right of the box, both the EU and the USA have more debt than the total value of all gold in the world.
|-
|{{w|Derivative (finance)|Derivatives}} are a complex financial instrument where one is not trading in something tangible, but in derived values - like options. Derivatives thus are dangerous as one trades in concepts instead of values. Critics claim that derivatives are at the base of the 'economic bubble'.
*The growth of the derivatives market size is incredible - more than doubling every four years. The derivatives market thus is much larger than the GDP of the entire world.
*We get a reference to [http://landartgenerator.org/blagi/archives/127 a proposed project to power the world] by erecting massive solar farms out in the deserts. The area of Texas alone would be enough to match almost all of our modern power costs (though the people who live in Texas wouldn't enjoy being displaced).
|}

===Money===
[Title panel at the top left]
:A chart of almost all of it, where it is, and what it can do

[There are 5 large panels below the title panel, each with a series of plots, comparing the values of various things. Each large panel is covered in colored squares, and each single square represents a power of ten (10^(3*n) for n = 0, 1, 2, 3, 4), be it single dollars, thousands of dollars, or even trillions of dollars.]

===Dollars===
Finished 2014-06-07
[This section is right below the title panel at the top left - it covers the price of a single coffees up to the hourly salaries of CEOs.]

[There is a box with a note next to the title:]
;Important notes:
:This chart is entirely in 2011 dollars.
:Every value associated with a year before 2011 was adjusted for inflation using the consumer Price Index.
:Nearly every amount has a cited source - when possible, 
:a scholarly work or government publication. A list of 
:sources is available at http://xkcd.com/980/sources/

[The rest of this panel shows how much the individual items values compare to a single dollar. Next to each price in dollar will be drawn a number of green squares equal to this amount - so for the 1 dollar bill there is 1 square, and for the 1000 dollar bill 1000 squares. Many of the items have been grouped in small or large groups. Below all these groups are listed from top left to bottom right, and within the groups the individual items are listed similarly but also in columns. If there is a heading for a group this will be highlighted - else it will be the first item in the group that is highlighted - after the first line in a group the rest of the items are indented.]
;$1 bill
:$10 bill
:Apples (one dozen) $5.68
:Dollar Menu item $1.00
:Daily interest on average credit card debt ($9,840) $5.63
:Starbucks Coffee $2.00
;Average single US restaurant meal $35.65
:Average meal at the 20 costliest San Francisco restaurants $85.27
;Game consoles
:PS3 $250
:Xbox 360 $200
:Wii $150
;Dinner for four
:(Lighter blocks show value of time required using median US wage of $16.27/hour)
:Homemade rice and pinto beans $9.26 (With time cost of two hours of shopping, travel, prep and cleanup: $41.80)
:Homemade chicken dinner $13.78 (With time cost of two hours of shopping, travel, prep and cleanup: $46.32)
:McDonals $27.89 (With time cost of 30 minutes travel: $36.03)
:Arby’s $34.00 (With time cost of 30 minutes travel: $42.13)
:Chili’s $69.64 (With time cost of 30 minutes travel: $77.78)
:Outback Steakhouse $109.82 (With time cost of 30 minutes travel: $117.96)
;Loose change value per pound $12.80
:Loose change with no quarters $5.40
:Annual value of pennies received in change (at one daily cash purchase) $7.30
:Loose change with no pennies $17.40
;Median household daily income $136.28
:Taxes $32.16
:After-tax $104.12
;$1000 bill (Grover Cleveland, discontinued)
:$500 bill (William McKinley, discontinued)
;Paperback book $6.80
:Hardcover book $32.27
:Audio book $50.42
:Kindle $79.00
:New video game $49.99
:Traditional cell phone average monthly fee $77.36
:Smartphone average monthly fee $110.30
:Kindle keyboard + 3G $139
;One-gallon jug of loose change $270
;Pet ownership
:ASPCA estiamtes
:Annual cost of rabbit ownership $730
:Annual cost of dog ownership $695
:Annual cost of cat ownership $670
:Annual cost of fish ownership $35
:Annual cost of bird ownership $200
:Annual cost of small mammal ownership $300
;Kindle Fire $199
:Men’s suit $400
:Low-end bicycle $190
:Basic iPad $499
:iPad+3G+ a year of data $869
:Basic Macbook Air $999
:Netbook $249.99
:iPod Nano $129
:Mac Mini $599
:Comcast cable internet for a year ($59.99/month) $719.88
;Traditional cell phone average annual bill $928.30
:Smartphone average annual bill $1,320
;Worker/CEO comparison
:1965 production worker average hourly wage $19.61
:2007 production worker average hourly wage $19.71
:Typical 1965 CEO pay for the same period $490.31
:Typical 2007 CEO pay for the same period $5419.97

===Thousands===
[This section discusses values from around $1000 to $1,000,000, including a dissection of the song ''If I had $1000000.'']<br>
[The Dollars section is zoomed down so the area is only 1/1000 of the size and is shown at the top of the Thousands section with lines indicating this zoom]<br>
[The rest of this panel shows how much the individual items values compare to thousand dollars. Next to each price in dollar will be drawn a number of orange squares equal to the number of thousand dollars in the amount - so for a 1000 dollar item there will be one square and for a small house at a price of 100,000$ there will be 100 squares. Many of the items have been grouped in small or large groups. Below all these groups are listed from top left to bottom right, and within the groups the individual items are listed similarly but also in columns. If there is a heading for a group this will be highlighted - else it will be the first item in the group that is highlighted - after the first line in a group the rest of the items are indented.]
;Typical household net worth by head of household’s age
:…in 1984 …in 2009
:$11,680 <35 years $3,710
:$72,090 35-44 years $40,140
:$115,060 45-54 years $103,040
:$149,240 55-64 years $164,270
:$122,100 >65 years $172,820
[Inside a frame there are a block of 1000 thousand green squares set to equal (=) one orange square to indicate the size of an orange square]
;One thousand dollars $1,000
[The title of this next item is below the block – the indications are shown from top to bottom, with lines indicating low and mid income, and the squares between low and high are in a lighter color]
;Raising a child to age 17
:Upper income $302,860
:Middle income $206,920
:Lower income $206,920
;Vacation package from New England
:[The title above is below the next line of text which is also below the blocks – there is a bracket between the title and this other line:]
::All-inclusive one-week trip for two to St. Lucia resort (incl. flights) $3,204
:Twenty week-long Hawaiian vacations $136,020
:Typical trip from US west coast
:[The title above is below these next lines of text – these are again below each of the two sets of blocks – there is a bracket between the title and the other text]
::Typical week-long Hawaii trip for two  (incl. flights) $6,801
::Typical weekend Hawaii trip for two  (incl. flights) $2,863
;Cancer treatment including chemo $117,260
:Estimated one-year Hogwarts cost (incl. tuition) $43,000
:Seven-year Hogwarts degree $301,000
:Average community college tuition $10,340 One year $2,580
:Average in-state university tuition $28,920 One year $7,230
;Golden Opulence ice cream sundae $1,000
:Average smartphone annual cost $1.320
:Average used car $8,910
:Average new car $27,230
:High-end bicycle $1,500
:One Starbucks latte per day $1.820
;United States 2005 per capita income $32,360
:Switzerland 2005 per capita income $29,910
:Germany 2005 per capita income $27,550
:UK 2005 per capita income $23,240
:France 2005 per capita income $16,400
:China 2005 per capita income $3,540
:Brazil 2005 per capita income $5,540
;Small rural house $100,000
:Typical new home $224,910
:Daily sales of Minecraft $193,500
;Average individual health insurance annual premium $5,430
:[The five blocks of this item are divided with the top four in lighter color and brackets indicate each group and are named]
::Employer
::Employee
:Typing F-U-N-D-S $10,000
:A daily pack of cigarettes for a year (NJ) $3,050
:Waist deep half-room ball pit $2,400
:All 30 bestselling game consoles (refurb, eBay) $2,640
;Annual cost of car ownership $3,650
:Typical annual household spending $5,650
:[The blocks of this item is divided in two, with the last two block in a lighter color. Lines go from each part to the following text]
::Home
::Restaurants
:Average household CC debt $9,960
:Annual cost to carry that debt $2,090
;Typical annual housing cost for various cities
:based on military's Basic Allowance for Housing for an E1 servicemember with no dependents
:NYC $25,416
:San Francisco $21,888
:Boston $18,216
:Los Angeles $17,640
:DC $16,380
:Chicago $13,664
:Worcester $12,456
:Houston $11,888
:Minneapolis $10,908
:Detroit $10,080
:Salt Lake City $9,108
:Scranton $8,60
;Initial seat on Virgin Galactic suborbital flight $200,000
:Prince William and Kate Middleton’s wedding cake $78,000
:Kate Middleton’s wedding dress $350,000
:Flower cost for Prince William and Kate Middleton’s wedding $800,000

===Millions===
:[This section focuses on $1,000,000 to $1,000,000,000, with a large section on campaign contributions of American political presidential campaigns, values of expensive works of art, and J. K. Rowling.]

===Billions===
:[This section gets into larger scale finances, profits of various sectors, costs of natural disasters, and net worth of the richest people on the planet. Also, Donald Trump.]

===Trillions===
:[Global financial status is described here. It discusses derivatives, liquid assets, public debt by nation and GDP by continent, culminating with the total economic production of the human race to date.]

==Transcript==
:[This transcript is only reproducing text visible on the [http://www.xkcd.com/980/ front page comic].]
:[Title panel at the top left has one large heading, and then it is possible to read the first and third out of five lines (but not for instance the second line which is just the word "almost"):] 
:'''Money'''<br>
:A chart of<br>
:all of it<br>
:[Below this there are 5 large panels, each with a series of plots, comparing the values of various things. The only clearly visible text is the title of each panel written in white on black background at the top of each panel]<br>
:[The first section covers single coffees up to the hourly salaries of CEOs. It is located below the title panel and there are a lot of green groups marked by unreadable text.]
:'''Dollars''' 
:[The next section discusses values from around $1000 to $1,000,000, including a dissection of the song If I had $1000000. It is located directly below the Dollars section and has mainly orange groups (but also some green) marked by unreadable text.]
:'''Thousands'''
:[The third section focuses on $1,000,000 to $1,000,000,000, with a large section on campaign contributions of American political presidential campaigns, values of expensive works of art, and J. K. Rowling. It is located to the right of the Thousands section below the Billions section and there are a lot of gray groups (but also some orange) marked by unreadable text.]
:'''Millions'''
:[The fourth section gets into larger scale finances, profits of various sectors, costs of natural disasters, and net worths of the richest people on the planet. Also, Donald Trump. It is located to the right of the Dollars section and above both the Millions and Trillions section and has mainly yellow groups (but also some gray and red) all marked by unreadable text. There are, however, a few large headings that can be read:]
:'''Billions'''
:Education
:The Economic (...?)
:US household income
:Federal budget
:[In the last panel global financial status is described. It discusses derivatives, liquid assets, public debt by nation and GDP by continent, culminating with the total economic production of the human race to date. It is located below the Billions section to the right of the Millions section and has mainly cyan groups (but also one yellow) all marked by unreadable text.]
:'''Trillions''' 
:['''For the full transcript of the [http://imgs.xkcd.com/comics/money_huge.png huge image] see [[980: Money/Transcript]].''']

==Trivia==
* xkcd usually posts at around midnight Eastern time the day of the comic, but this comic was posted at about noon. The reason is that it was difficult to get it all finished in time, as was explained in the [[Blag]] post titled [https://blog.xkcd.com/2011/11/24/money-chart/ Money chart] released three days later. This post also states that this was the first big project he undertook after his [https://blog.xkcd.com/2011/06/30/family-illness/ fiancée was diagnosed] with breast [[:Category:Cancer|cancer]].
* This comic used to be [https://web.archive.org/web/20211215032232/https://store.xkcd.com/products/money-poster available as a poster] in the xkcd store before it was [[Store|shut down]].
* Randall misspelled "communication" as "communcation" in the section on campaign donations.
* This is the first xkcd comic featuring [[Donald Trump]].

{{comic discussion}}

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