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Time to Do the Math in Iraq In 1532, after capturing the Inca emperor Atahualpa, the Spanish conquistador Francisco Pizarro issued an unprecedented demand: fill a room, 22 feet long, 17 feet wide, and 8 feet tall, with gold. The Incas complied, but Pizarro executed Atahualpa anyway and promptly shipped the tribute to Spain. At today's prices of gold, the value of the ransom (3,000 cubic feet of gold at $10 million per cubic foot) would be approximately $30 billion.

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Time to Do the Math in Iraq

In 1532, after capturing the Inca emperor Atahualpa, the Spanish conquistador Francisco Pizarro issued an unprecedented demand: fill a room, 22 feet long, 17 feet wide, and 8 feet tall, with gold. The Incas complied, but Pizarro executed Atahualpa anyway and promptly shipped the tribute to Spain. At today's prices of gold, the value of the ransom (3,000 cubic feet of gold at $10 million per cubic foot) would be approximately $30 billion.