As I type this entry, it is being reported that this number increased yet another 1 Trillion [2]. More securities exchanging hands. The vault has not been tapped of it's 800 Billion yet and we shall see double digit inflation in gas and everything in around a year or two. [2]
Below was in an email to me today. I find it extremely interesting...What is exactly is one TRILLION dollars? All this talk about "stimulus packages" and "bailouts"... A billion dollars... hundred billion dollars... Eight hundred billion dollars... One TRILLION dollars... What does that look like? We'll start with a $100 dollar bill. Currently the largest U.S. denomination in general circulation. Most everyone has seen them, slightly fewer have owned them. Guaranteed to make friends wherever they go.
A packet of one hundred $100 bills is less than 1/2" thick and contains $10,000. Fits in your pocket easily and is more than enough for week or two of shamefully decadent fun.
Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000). You could stuff that into a grocery bag and walk around with it.
While a measly $1 million looked a little unimpressive, $100 million is a little more respectable. It fits neatly on a standard pallet...
And $1 BILLION dollars... now we're really getting somewhere...
Next we'll look at ONE TRILLION dollars. This is that number we've been hearing about so much. What is a trillion dollars? Well, it's a million million. It's a thousand billion. It's a one followed by 12 zeros.
You ready for this?
It's pretty surprising.
Go ahead...
Scroll down...
Ladies and gentlemen... I give you $1 trillion dollars...
(And notice those pallets are double stacked.)So the next time you hear someone toss around the phrase "trillion dollars"... that's what they're talking about.
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