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Idaho's Weekly Journal of Local & National Commentary  Week 2714

 

 

 

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by Free Market Duck

How Big is a Trillion Dollars?
Dec 27, 2013

Washington, DC  –  Whoa, girl friends, gather round, shut up, and pour yourselves another hot cup of Rocket Java.  Have you ever seen a million dollars?  How about a billion dollars?  What does One Trillion dollars look like?

   All this talk about "stimulus packages" and "bailouts"... A billion dollars here... a hundred billion dollars there... Eight hundred billion dollars for President Bush’s TARP bailout... Eight hundred billion dollars for President Obama’s ARRA “stimulus package”… One TRILLION dollars...

   What does that look like?

   Let’s start with a $100 dollar bill, currently the largest U.S. denomination in general circulation.

$100

   A packet of one hundred $100 bills is less than 1/2" thick and contains $10,000.  Fits in your pocket easily and is more than enough for a week or two of shamefully decadent fun.

$10,000

   Believe it or not, this next little pile is $1 million dollars (100 packets of $10,000).  You could stuff that into a grocery bag and walk around with it.

$1,000,000 (one million dollars)

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

$100,000,000 (one hundred million dollars)

   And $1 BILLION dollars...

$1,000,000,000 (one billion dollars)

   Next let’s look at ONE TRILLION dollars.  What is a trillion dollars?  It's a million-million.  It's a thousand-billion.  It's a one followed by 12 zeros.  Compare this pile below with the guy standing near the pallets in the same picture, far left, and notice those pallets are double stacked.

$1,000,000,000,000 (one trillion dollars)

   Note that the current U.S. deficit, $17 Trillion, equals sixteen of the above pictures.  Our entire GDP equals about $15 Trillion.  We essentially owe more than we earn.

   The total amount of promised future handouts, mandated expenditures for such things as Social Security, Medicare, Defense, and everything else promised to be delivered by the federal government totals about $105 Trillion.

   Worse yet, the current total amount of toxic derivatives of paper and credit money generated by the Federal Reserve and Wall Street bankers worldwide – hold on to your jock straps, folks – equals more than $640 Trillion.  Think about it.  That’s over 640 times the One Trillion dollar double-stacked pallets of Pulp Fiction Dollars pictured above.  640 times!

   We say “Pulp Fiction Dollars” because none of this paper money is backed by ANYTHING, not gold, not silver, not even our GDP (currently at $15 Trillion).  No wonder the U.S. dollar is worthless.

   So, what is it that President Barack Obama and the U.S. Congress want to do?  Print up and spend even more trillions and trillions and trillions of pulp fiction dollars for their Welfare Programs such as a national health care program, Cap ‘N Trade, and an extended War in Afghanistan.

   Our political leaders and central bankers must be insane.  Why do they keeping inflating the dollar, printing it up out of thin air, and selling it to us as a National Debt?

   Because inflating the dollar is just a clever method by which to transfer the productive wealth of Americans into the pockets of special interest groups and the central bankers.  It’s just that simple.  Inflation is a clever form of taxation.  It’s a clever way for Congress to pay for its giant welfare state programs without having to tax you directly.  It’s a clever Ponzi Scheme taught as legitimate economics at all the major universities.

   Very few people understand how they are being fleeced by those who claim to be helping them, namely the politicians and the central bankers at the Federal Reserve.

   Look at that pile of a trillion dollars again.  Imagine 640 piles of that money.  Can you imagine a quadrillion dollars?  How about a quintillion dollars?  The German Weimar Republic printed quintillions of Reichmarks in the 1920’s and bankrupted Germany, leading to Adolph Hitler and WW II.  Zimbabwe recently printed 100 trillion dollar notes.  That country is totally bankrupt.

   What are you going to do to stop this U.S. monetary insanity?  Time for Congress to audit and then abolish the Federal Reserve and return to a 100% non-fractional reserve gold monetary system.  Time to vote in new Congressmen and women in 2014.  And a rational President in 2016. – FM Duck

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