All this talk about "stimulus packages" and "bailouts"...
A million dollars...
A hundred million dollars...
A billion dollars...
One TRILLION dollars...
What does that look like? I mean, these various numbers are tossed around like so many doggie treats, so - what exactly does a trillion dollars looks like?
We'll start with a $100 dollar bill. Currently the largest U.S. denomination in general circulation. Most everyone has seen them, slighty fewer have owned them. Guaranteed to make friends wherever they go.
A packet of one hundred $100 bills is less than 1/2" thick and contains $10,000. Fits in your pocket easily and is about 3 months of income for the average American family.
|$10,000 (ten thousand dollars)|
Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000). You could stuff that into a grocery bag and walk around with it.
|$1,000,000 (one million dollars)|
While a measly $1 million looked a little unimpressive, $100 million is a little more respectable. It fits neatly on a standard pallet...
|$100,000,000 (one hundred million dollars)|
And $1 BILLION dollars. that is one thousand million ... now we're really getting somewhere
|$1,000,000,000 (one billion dollars)|
Next we'll 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.
Ladies and gentlemen... I give you a trillion dollars...
|$1,000,000,000,000 (one trillion dollars)|
Notice those pallets are double stacked.
...and remember those are $100 bills.
As a result of the Economic Stimulus Act of 2008, most Americans received a check with a maximum amount of $1,200 for a married couple filing jointly.
If this amount was denominated in $1 bills, stacked one on top of another, the pile would reach a height of 5.16 inches, slightly higher than Apple’s iPhone.
A Trillion in $1 bills - would measure 67,866 miles, stretching approximately 2.72 times around the Earth’s equator.
So the next time you hear someone toss around the phrase "trillion dollars"... that's what they're talking about.