Wednesday 12 May 2010

I Have Posted This Before,

but as the EU is dropping just on a Trillion to Greece, (not that I have anything against them), a few facts about a trillion dollars,
well this is easy, a one hundred dollar bill
above, a packet of one hundred $100 bills is less than 1/2" thick and contains $10,000,
for scale me on the left, this next little pile is $1 million dollars (100 packets of $10,000),
this is more like it! a measly $1 million looked a little unimpressive, $100 million is a little more respectable, it fits neatly on a standard pallet, almost the price of a half decent boat!
and $1 BILLION dollars, now we're really getting somewhere almost a truck full!
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, look at me down there on the left, go on, give me a wave!so the next time you hear some one say "have a trillion bale out" this is what they mean, notice those pallets are double stacked....and remember those are $100 bills, oh the trees, think of the trees!

but here are a few more facts about one trillion dollars,

the US Bureau Of Engraving And Printing produces 38 million notes a day, so printing one trillion new notes from scratch and working seven days a week would take just over 72 years, yes 72 years! and you would need 429,646 tonnes of ink to complete the job,
stacked in one pile, one trillion one dollar notes, each 0.0043in thick, would be 67,866 miles high put another way, the stack would be 8.6 times the diameter of the earth, running through the North and South Poles (7,901 miles),
if the world’s leaders spent the one trillion dollars at the rate of a dollar a second, they would still be spending it in 31,689 years, on the other hand, if they want to get through it all within ten years, they would need to spend 3,169 dollars a second,
the mind-boggling figure from the Greek bailout is considerably more dollars than there are in circulation, according to the US Federal Reserve, there are just 829 billion US dollars in existence, it also costs 6.4 cents to print each note — so it’s a good job the massive sum will be passed on electronically, otherwise there would be a 64 billion dollar black hole in the Greece's historic bailout package, which would rather defeat the point, of course all of this is for US dollars, but I guess for Euros it would be pretty much the same,
bearing all of the above in mind I had better make more room under the bed in case I win a trillion on the lottery!

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