Just How Much Is $1 Trillion?
President Obama says his Administration’s stimulus plan could cost more than $1 trillion, and this has many people throwing that number around rather casually.
That got us to thinking about just how much $1 trillion represents.
· $1 trillion is almost enough to buy a controlling interest in all 30 of the companies in the Dow Jones Industrial Average.
· $1 trillion is more than the combined state tax revenue of all 50 states.
· $1 trillion would be enough to buy all of the single-family and multi-family residences in the state of Texas.
· $1 trillion in 2008 dollars would cover the entire U.S. federal budget from George Washington’s inauguration to the end of World War I.
· A stack of 200 $100 bills is roughly an inch thick. If these stacks were set up on end like dominoes, $1 trillion would be the distance from New York City to Chicago.
–From the US Global Investor Alert
Now Obama is talking about the Economic Stimulation requiring $1 trillion:
A quadrillion
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Number of zeros
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3
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thousand
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6
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million
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9
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billion
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12
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trillion
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15
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quadrillion
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Now think about how the real number for the total outstanding OTC derivatives, the absolute root of the disaster, is one quadrillion, one hundred and forty four trillion dollars.
Hyperinflation is assured by this historically unprecedented infusion of endless capital into the world’s monetary system and many private pockets.
