What's in a Quadrillion?
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
A quadrillion
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Number of zeros
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|
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3
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thousand
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|
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6
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million
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|
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9
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billion
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|
|
12
|
trillion
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|
|
15
|
quadrillion
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1000 billion
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| |
|
|
Hyperinflation is assured by this historically unprecedented infusion of endless capital into the world’s monetary system and many private pockets.
