Friday, June 18, 2010

Math and money

Math and money

Here is a math lesson. $1.00 will buy some sort of junk at a dollar store. Now here is some math for you 10x10=100; 10x100=1000; 1000x1000=1,000,000 (one million if you are keeping track) many of us would consider ourselves quite wealthy if we were the owner of a cash position of $1,000,000. Now for some government sized numbers. 1000 x 1,000,000 = 1,000,000,000 (that is one billion) an amount of dollars our government is always talking about as if it is not very much at all. Now another number: 1000 x 1,000,000,000 = 1,000,000,000,000 (that is one trillion if you didn’t figure it out yet) That is enough money to make you sick thinking about it. Our government owes more than 13 trillion dollars. 1% of that is 130 billion dollars.

© 2010 Vic Jones

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