Post
Topic
Board Bitcoin Discussion
Re: Bitcoin a fool's Gold Standard?
by
LRCGROUP
on 29/01/2014, 11:16:36 UTC
What's the size of the US debt. Its got too many zeros for me to count ...

I have something for you to give you an idea of the size of the debt

USA's Debt

Imagining the American debt-image is not an easy task...

The picture you know, it is a 100 dollar bill.

http://farm3.staticflickr.com/2824/12203515873_176b207990_b.jpg

This famous and known everywhere 100 dollar bill will help us to represent the debt figuratively.

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1 Hundred of these 100 dollar bills create this nice bundle worth $10,000

http://farm8.staticflickr.com/7384/12203927866_5f3f473bfb_b.jpg

For $10,000 you can buy a small car or go on a nice vacation.

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1 Hundred of these bundles give you $1,000,000 (one million).  Not as spectacular as some of us has probably thought but an enormous sum.

http://farm8.staticflickr.com/7326/12203580383_e09a5fd0a7_b.jpg

The most of us will never earn this much in our entire life.  The question 'Who wants to be a Millionaire' simply does not apply to the average person.

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Now it is going to get adventurous.  This is what $100,000,000 (one hundred million) looks like.

http://farm6.staticflickr.com/5491/12203790024_b51f9fae72_b.jpg

As you see $ 100 million still fit on a commercial Palette. In the foreground for comparison is the the $10,000 bundle
and the $1 million stack.

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Ten pallets then yield $1,000,000,000 (one billion), which no longer fits in your auto garage.

http://farm3.staticflickr.com/2843/12204030146_d59ea6c485_b.jpg

If you have not heard, if you should ever plan to rob a bank to steal a billion dollars, remember to bring a truck!

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For $1,000,000,000,000 (one trillion) you would then need 1,000 trucks

http://farm3.staticflickr.com/2815/12203674873_74e4eab9b8_b.jpg

Look closely because the pallets are stacked in a double layer to ensure a that they all fit on a football pitch.

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A Boeing 747-400 uses less space, which looks something like this:

http://farm4.staticflickr.com/3826/12203469195_6ed196f1a8_b.jpg

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Now lets use altitude, because in relation to the Statue of Liberty this not a house, these are 15.000.000.000.000 $ (fifteen trillion) ...

http://farm4.staticflickr.com/3694/12204113336_5e501d0964_b.jpg

The Boeing is unfortunately no longer visible...

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Now we want to tell you how high the debt actually is....

Attention, it is ... 114.500.000.000.000 $ (114.5 trillion!)
and it looks like this:

http://farm6.staticflickr.com/5544/12203939454_8f9d2bc455_b.jpg

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A whole new perspective!!!!!!!!!!!!!!!!