Education Ever wondered what a trillion dollars look like?

As far as I know there was a denomination. Still it is a dollar ) And you can carry trillions of them in your pocket.

 

I think you'd have to go there and see it for yourself. Contrary to popular belief not all black people live in mud huts. Depends what country you're talking about but for the most part the corruption is rampantly destructive.

 

+ rep, that was hilarious and poignant.

Still, i think Cerberus gets what i'm struggling with. If country X owes country Y but country Y also owes country X why not settle it into one amount.

 

We still hold the flag of reason and use the mathmatically correct version.

It does lead to some misunderstandings.

 

I think it would be an issue due to inflation, constantly changing interest and exchange rates between the different countries.

 

This thread made me laugh and learn at the same time. I've often wondered how huge amounts of money look IRL.

Also, lol @ the 'zim currency.

edit - oh, this reminds me, I recently saw an episode of The Wire (currently watching it through) where Zig throws a whole stack of $100 bills out of a car window. I now hate his character and want him to die ASAP.

 

I'm moving to Denmark right now!

 

basic economics still goes against what the uk gov't has done. in recession we devalue currency to increase exports, increase aggregate deamnd which is GDP. so increase-
consumer spending
gov't spending
investment spending

instead we have decreased gov't spending and increased tax which decreased consumer spending and the overall effect has been a decrease in confidence in the economy which decreases investments.

the decrease in gov't spending is to reduce national debt which has been about since like forever. so why not get the country to a state of positive gdp growth before increase tax and reducing gov't spending that way atleast we can all compensate. why not sort one problem at a time as its pretty impossible to sort both at the same time.

my opinion is that the current gov't have used this as an excuse to remain in power for longer and to impliment other policies

 

I just had to buy one of those 1000 trillion notes.

 

What is with this sudden trend of thread revival?

 

You got it. The government hasn't got a clue what to do with the recession. It is just acting according to its ideology, which it believes to be the answer to all (their) problems, and uses the recession as a pretext for implementing the policies that fit that ideology. It's like grandma giving you the same old medicine for all that ails ya.

 

Well you dont want the other idiots back in power who ran up the massive bill for the country.

 

This isn't quite correct. The US version is to use powers of 1000 to give new words whereas the historic version uses powers of 1 million to give new words. So in the historic version, 1 trillion = 1 million billion.

 

+1. I find it amusing how the chancellor who ran the country into billions of £s worth of debt is criticising the current one on how he's getting it wrong. Fine example he sets, I think the current one would struggle to do any worse if he tried

 

however add to this the lowered interest rates resulting in more investments from the private sector, the plan is that this should nullify the negative effects of the decrease in government spending.

All this however is at the price of increased inflation.

 

Not quite

Both the short and long scales have been used historically; the US tended to use the short scale (1 billion = 1,000,000,000, or 10^9), whereas the UK tended to use the long scale (1 billion = 1,000,000,000,000, or 10^12).

See http://en.wikipedia.org/wiki/Long_and_short_scales

 

Call it what you will - historic/US/short/long scale - it's pretty much semantics. The issue I took was with Minimal_Fuss saying the UK version (aka long scale) defined a trillion as a billion billion.

 

I have one of these in my wallet

 

Believe it or not, I've never actually wondered what a trillion looks like.

Hyperinflation Cheesecake.

 

you could build the most expensive house with that amount of notes XD but you may want to have Australian notes there waterproof