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How much is $1 trillion?

Thanks to Colin Henderson at The Bankwatch for posting this video, which I'm re-posting here:

It's a great news item that puts the current stimulus packages into context.

For example, it picks up on Bill Clinton announcing a $30 billion stimulus package in 1993.  Back then, that was a big number.

Only last year, George W. signed off on a $168 billion stimlus package.  Back then, that was a big number.

Now, everyone's saying a trillion here and a trillion there. 

How much is $1 trillion?

Well, put back to back, one trillion $1 bills would reach a third of the way to the Moon.

And, if you lived for over 2,000 years, and spent $1 million every day since Jesus was born, you'd still have a lot of change left.  Over $250 billion worth in fact.

A trillion is a lot.

A real lot.

What happens next?

Million = 106

Billion = 109

Trillion = 1012

Quadrillion = 1015

Quintillion = 1018

Hexillion = 1021

Heptillion = 1024

Octillion = 1027

Nonillion = 1030

Decillion = 1033

Unodecillion = 1036

Duodecillion = 1039

Gazillion … absolutely humongous!

About Chris M Skinner

Chris M Skinner

Chris Skinner is best known as an independent commentator on the financial markets through his blog, the Finanser.com, as author of the bestselling book Digital Bank, and Chair of the European networking forum the Financial Services Club. He has been voted one of the most influential people in banking by The Financial Brand (as well as one of the best blogs), a FinTech Titan (Next Bank), one of the Fintech Leaders you need to follow (City AM, Deluxe and Jax Finance), as well as one of the Top 40 most influential people in financial technology by the Wall Street Journal’s Financial News. To learn more click here…

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