Friday, April 3, 2009

Quote of the Week

"A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them." -- John C. Maxwell

Thursday, April 2, 2009

Visual Guide to Inflation and ONE TRILLION DOLLARS

A visual guide to help you understand INFLATION. Please click pic to enlarge.

AND Since we are printing money like crazy right now...

What does one TRILLION dollars look like?

All this talk about "stimulus packages" and "bailouts"...

A billion dollars...

A hundred billion dollars...

Eight hundred billion dollars...

One TRILLION dollars...

Here's a hundred dollars to start. $100

A smackable ten thousand dollars at a 1/2 inch thick. $10,000

One million dollars could fit in a briefcase... $1,000,000

While a measly $1 million looked a little unimpressive, $100 million is a little more respectable. It fits neatly on a standard pallet... $100,000,0000

And $1 BILLION dollars... now we're really getting somewhere...

Next we'll look at ONE TRILLION dollars. What is a trillion dollars? Well, it's a million million. It's a thousand billion. It's a one followed by 12 zeros.

Notice those pallets are double stacked.
...and remember those are $100 bills.

So the next time you hear someone toss around the phrase "trillion dollars"... that's what they're talking about. And we are printing trillions of dollars... So how does that affect inflation?

Wednesday, April 1, 2009