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Thursday, January 6, 2011

What is a "Trillion"?


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

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