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

Visual Guide to Inflation and ONE TRILLION DOLLARS

http://www.mint.com/blog/finance-core/a-visual-guide-to-inflation/

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


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

http://www.pagetutor.com/trillion/index.html

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...
$1,000,000,000



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.
$1,000,000,000,000



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?

Freedom

The Market

A Water Footprint

We consume enormous amounts of water and we don't know it, or at least we don't know exactly how much we use. Here is a graph of your daily water spending.



I was quite surprised to see how much water coffee uses.
Gotta cut back on BEEF and no more hamburger!

Riots in the Street

I am intrigued that there are no riots in the street protesting the financial frauds that have occurred. Perhaps there aren't enough unemployed people yet. Well, I found a funny picture. At least there's someone, something, out there wreaking havoc in the streets.



Careful out there! Watch out for those anteaters!

Some days you are a Bear...