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Well in the movie The Dark Knight the Joker burned what appeared to be a 1/2 a trillion dollars.
Gold: Around 1000 USD an ounce at its peak. YOu could buy 1 billion ounces of gold. Divide that by 16 and you get 62,500,000 lbs. of gold. Divide that by 2000 and you get 31,250 TONS OF GOLD. That much gold doesn`t even exist on Earth, unless we dug up the molten metal at the Earth`s core or something.
gcamaro32 - I bow down to you my friend. Best pic - ever.
Actually the picture IS right... remember that $1 billion is equal to *ten* pallets, not one
There is 100 pallets (50 double stacked)in each row10 pallets = $1 billion; so100 pallets = $10 billion so each row has $10 billion
1 trillion (12 zeros) / 10 billion (10 zeros) = 100
so you need 100 rows of $10 billion to make $1 trillion. And the picture shows that (I assume, I haven`t counted the rows!)
Just go onto photoshop and copy the image 100 times
It isn`t. The paper is just paper. The ink is just ink. Neither matters, a fact which you could quickly verify by printing a few thousand dollar bills of your own and trying to spend them.
In modern times, money is just a promise.
Seriously - it`s all a bunch of IOUs that people agree to accept. That`s why the current economic problem could occur - enough people suddenly decided that the largely fake basis for the IOUs wasn`t worth as much as before. Our entire economies are based on collective pretence.
In the UK, notes (bills to you) are even explicitly labelled as a promise, on the note. "I promise to pay the bearer on demand the sum of <insert value> pounds". All the rest of the note is merely a collection of ways to make it harder to fake.
So it isn`t paper. Paper is just a convenient thing to write the IOUs on.
in the old days, the Reserve minted bills up to $100,000 for use in large government transactions. nowadays, they can do it all electronically and save the hassle.
although im quite glad it was computerized :)
A trillion used to be 1 million cubed and a billion was 1 million squared. It might still be that for European countries but currency-wise, a trillion is a million times a million.
i`m pretty sure a trillion is a trillion no matter where you go...maybe you`re talking about exchange rates? i don`t know
I`ve got two of `em in my room...>.>
I meant to make sure people didn`t think I was just stating the obvious, cos it`s already got 7 digits. :P
Thanks Baal, I`ve always wondered what a `million` was. :-P :-)
*goes to find Canada`s tax info*
You`ll be paying off this deficit till you die, Then your kids will pay on it some more.
Additionally, the trillion dollars is going to fund large organizations that, if they go bust, will lead to a chain of events losing tens (if not hundreds) of thousands of jobs.
You just don`t comprehend the scale of any of those things or your country. You produce 1.76 Billon pounds of garbage a day. In a year that`s over 640 billion pounds. That`s 64 pounds of garbage (say roughly 2 or 3 garbage bags) for every frigging note in that pile.
That`s because your country is LARGE. All you are individually contributing to that pile is 27 notes over the course of a year, to prevent your entire economy (and every country linked to yours) from capsizing.
Incorrect, You would have to count out 10,000 trillion pennies. 1 * $100 = 100 * $1 = 10,000 * 1Â¢
That would take hours!
But it`s because of how insignificant $100 is in comparison to a trillion.
1x10^2 compared to 1x10^12 is a significant difference.
A million dollars is a humongous sum...and people often seem to forget that factoid. Someone making 50K a year will need 20 years to make a million...if you evade taxes and expenditures.
It`s incredible that the U.S. is managing to get so far in debt... Consider that Michael Jackson at one point had over a billion and was on the verge of bankruptcy amazes me.
That`s like a warehouse full of money. What if a fire started...Nooooo
It would probably IMPROVE our economy...
here it comes...
That`s what SHE said!
I love you. really.
LOL I was so going to do that when I read the article, and thought "nah, can`t be bothered". Kudo`s to you!
haha that picture of $1 million reminded me of that scene in dodgeball when ben stiller shows peter what $500,000 looks like
I... know... that... -_-
Well.. REALLY only pixels here I suppose...
Think again. Once hyperinflation (or stagflation) kicks in from all of the new found "money" (money the Feds are just gonna "print") you will need far more than a cool million to live like a millionaire. Billion is the new million.
For those that are going to miss my point, its money borrowed and lent so many times that its value is meaningless
Well you better make room for it in your basement!
...its digital money they use.. not paper (cotton) money
I want some of that