Trillions - EDIT

From:
http://www.lemetropolecafe.com


"We make money the old fashioned way. We print it." … Art Rolnick, Chief Economist for the Minneapolis Federal Reserve Bank

--------------------------------------------

Speaking of printing money, Rolnick wasn’t kidding, to the tune of trillions. To get a grasp on how much just one trillion dollar is…

How much is a trillion dollarss…

Most people can not even fathom how much a trillion dollars is! The following analogy will help!

ONE million dollars would equal a 4 inch high stack of 1000, $1000 bills (the sum total of 1000, 4 thousandths of an inch each in height pieces of paper stacked one on another) . How high of a stack of $1000 bills would ONE trillion dollars be?

Answer: A one trillion dollar stack COMPOSED OF $1000 bills would be 63.13 MILES HIGH (4 inches times 1000 times 1000)!

In the last 11 months, our government has added 7.6 TRILLION dollars in bailout money, equal to a 780 mile stack of $1000 dollar bills! United States combined debt is 67 trillion, equal to a 4230 mile stack of $1000 dollar bills! This is completely out of control!!!! We will soon be in either a total economic collapse or hyperinflation!!!
Regards,
David

--------------------------------------------
See following link for clear summary on US$8.5 trn bailout package so far:

http://www.sfgate.com/cgi-bin/object/article?f=/c/a/2008/11/26/MNVN14C8QR.DTL...
Tweet