With the enormous global economy we live in today, immensely vast numbers are thrown around as if they were nothing. For example, US government debt is a little under 19 trillion dollars. Meh, so what? The problem with billions and trillions is that the average person can’t actually sense how much that is.
A great way to understand is to visualise what a TRILLION DOLLARS actually looks like. While this exercise is in US dollars, it’s still an effective way to get the picture…..and it’s a bit of fun too.
The next pile is $1 million dollars (that is a 1,000 thousand dollars). You could put that into a decent sized handbag and walk about with it.
So here is what $1,000 USD looks like. Nothing much to it. It would look very good in your wallet and would fund a damn fine party.
If you weren't impressed by $1 million, maybe $100 million will get you interested. That’s a palate of money. You’d need a ute to get it around.
And next we have $1 BILLION dollars… that is 1,000 million. You need to hire a truck for this lot.
Now let me present ONE TRILLION dollars. That's a 1,000 billion dollars. It slides off the tongue’s of politicians like a bad oyster. It’s a one followed by 12 zeros - 1,000,000,000,000
Ladies and gentlemen…introducing $1 trillion dollars…
Note that these are double stacked pallets of $100 notes. 10,000 of them in all. Also note our mate with the red shirt standing there on the left.
So the next time you hear someone on TV, casually mention the phrase ” A trillion dollars”… this is what they are talking about.