Thursday, January 6, 2011
Have you noticed that prior to two years ago, you hardly ever heard the word "Trillion" mentioned in a sentence. The big number word was always "Billion" and that had a connotation of being A Lot of something. Now its "Trillion" and everyone uses the word so often and emotionally detached, that it has lost its significance as a number. "Trillion" is a number most people can't fully comprehend so we turn off mentally when its used. But what is its numerical relevance... Let's take a look.
This is what One Trillion looks like-- $1,000,000,000,000 (12 Zeros)
If you multiply One million x One million, you get a Trillion.
If One trillion dollars was given as government stimulus to the 50 US States, each would receive $20 Billion ($20,000,000,000)
If one million dollars ($1,000,000) was deposited into your bank account each and every day, 365 days/yr, it would take a little over 2,739 Years before your account would have accumulated One Trillion dollars.
If five million dollars ($5,000,000) was deposited into your bank account each and every day, it would take a little over 547 years to reach the One Trillion mark.
I could go on and on with facts.. Instead I just provide one stat:
Today, the US National Debt just topped $14 Trillion
This is what Fourteen Trillion looks like-- $14,000,000,000,000
Posted by Susquehanna at Thursday, January 06, 2011