Posted on 05/07/2011 5:01:57 PM PDT by DeaconBenjamin
All this talk about "stimulus packages" and "bailouts"...
A billion dollars...
A hundred billion dollars...
Eight hundred billion dollars...
One TRILLION dollars...
What does that look like? I mean, these various numbers are tossed around like so many doggie treats, so I thought I'd take Google Sketchup out for a test drive and try to get a sense of what exactly a trillion dollars looks like.
We'll start with a $100 dollar bill. Currently the largest U.S. denomination in general circulation. Most everyone has seen them, slighty 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 so much about. 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...
Notice those pallets are double stacked. ...and remember those are $100 bills.
So the next time you hear someone toss around the phrase "trillion dollars"... that's what they're talking about.
It looks like 20% unemployment
DAAYYUUM!!!
I have been griping and griping about what I call the “Chef Boyardee index” for the past 2 years. People roll their eyes.
A can of ravioli was 50c now its $1. It has been for while.
big deal right? $1
That’s 100% increase.
It’s like that with everything except my pay check.
You can imagine my surprise when the latest economic data came out and we were told that inflation wasn't much of a problem at all. The price index for core personal consumption expenditures increased a piddling 0.9% from the previous year, keeping the national inflation rate far, far below what economists see as the danger level.[...]
Question: Who gets to decide what gets left out of this or that index? Has anyone ever examined the backgrounds and body shapes and psychological profiles of the men and women who compile the personal consumption expenditures index? No! Or at least not until I did.
Last week, I traveled the length and breadth of this country visiting with these persnickety bureaucrats, and I have something very interesting to report. With one notable exception—a really fat guy in Kansas City—the folks who devise the PCE are skinny nerds who eat a lot of salad and never dine out. [...]
These index-makers don't drink coffee, tea, milk, Dos Equis or schnapps and they either walk to work or bike or ride scooters. They also hitchhike a lot. Some of them sleep for weeks at a time on cots in their offices.
All this may explain why economists are so willing to throw food and energy prices out of the PCE index as if they didn't matter. People who use pogo sticks to get to work, where they eat tuna-fish sandwiches their mommies made for them…. Well, maybe these aren't the kinds of people who should be calibrating the economic health of the nation.
well it is a physical product, it has some tangible value. You could bulid a dwelling from enough of it. You could burn it. You could wipe your rear end with it. You could bleach it and use it for paper. You could make origami figures out if it and sell them. You could shred them and use them for various pets’ bedding material. You could make insulation out of them.
You’re quite the optimist LoL!
I admire your gusto.
Think about potential uses in a survival scenario. There’s always something to burn, or insulate, or write something on, or wipe your butt with.
The other day a friend of mine was filling his gas tank and some poor SOB approached him with a 1.5 gal gas can.
He said hey buddy, can you top me off?
Well my friend being a decent fellow filled it up.
Boy was he shocked when he saw it was $6 of gasoline
Obamas nappy head comes to mind
Thannks for posting
Stand by folks. QE2 expires in July
Exponential notation is for saps.
I am going to buy an Iphone on the 4g plan that that hot little chicka hawks
Pretty soon they’ll be using scientific notation when discussing the budget, deficits, and the national debt.
Mark
heres another way
Give every 5th american $100,000 each
Thats what obama will spend OF DEBT ALONE
As far as TOTAL DEBT ALREADY OWED, thats every person in the USA $40,000- by the time obama is done with just his first 40 years it will be over $50,000 each
and if he gets his way $40Trillion is 130,000 EACH person (for a family of 4 6oo,ooo in debt
what does it mean ‘expires’?
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