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Thread: Trillion, Billion, Million

  1. #1

    Lightbulb Trillion, Billion, Million

    I wonder if the majority of people understands what these terms are equal to?
    I met people who really cannot differentiate between these amounts correctly, or confused about it (Okay this is not a sin). But I believe they know it is big money but how big?
    So I wonder if a brief illustration of these amounts from Dr.Paul would result in more people who can understand the size of crisis that the country is going through right now. Because I do not think when Dr.Paul talks about 70 Trillion Dollars in debt that most people understand how big is this. What do you think everybody?

    A Thousand= A thousand bucks=1000
    A Million=A thousand thousand bucks=1000.000
    A Billion= A thousand million bucks=1000.000.000
    A Trillion=A thousand Billion bucks = A Million Million bucks=1000.000.000.000
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  3. #2
    Member Exponent's Avatar
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    Quote Originally Posted by VoteForRonPaul View Post
    A Thousand= A thousand bucks=1000
    A Million=A thousand thousand bucks=1000.000
    A Billion= A thousand million bucks=1000.000.000
    A Trillion=A thousand Billion bucks = A Million Million bucks=1000.000.000.000
    Using our country's standard of commas to separate groups of digits rather than periods might help, too. Those dots can really throw people off.

  4. #3

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    Here


    1,000
    1,000,000
    1,000,000,000
    1,000,000,000,000
    70,000,000,000,000



    If you take $70,000,000,000,000 and divide by 300,000,000 (the population of the US), the result is: $233,333 per man woman and child or roughly $400,000 per household.

  5. #4

    Default

    Quote Originally Posted by Exponent View Post
    Using our country's standard of commas to separate groups of digits rather than periods might help, too. Those dots can really throw people off.
    I think the income tax also has been slandered for some time now

  6. #5

    Default

    Quote Originally Posted by Nanerbeet View Post
    Here


    1,000
    1,000,000
    1,000,000,000
    1,000,000,000,000
    70,000,000,000,000



    If you take $70,000,000,000,000 and divide by 300,000,000 (the population of the US), the result is: $233,333 per man woman and child or roughly $400,000 per household.
    Are legal immigrants included?

  7. #6

    Default

    As a mathematician, I've dealt with this problem before. In fact, I remember reading about this - if you draw a long line on a blackboard and mark one end "ZERO" and the other end "ONE BILLION" and then ask someone from the class to make a mark on your line to represent ONE MILLION, the mark is (on average) made about 1/3 of the way along the line. Obviously this is very VERY wrong. The line should be 1/1000th of the way along the line, and, depending on your blackboard, should be almost indistinguishable from the line marking ZERO.

    So what's the solution? How do we reach people? I try to use the concept of distance when dealing with people who don't understand the differences in scale.

    For instance, let's say that ONE MILLION is a small distance that everyone can measure on their own body. The distance between your eyes is good, because it's almost the same regardless of how big/small you are.

    So how far is ONE BILLION? It's going to be about half the length of a football field (maybe a tad longer).

    So how far is ONE TRILLION? Ever run a marathon? That's how far one trillion is, based on this scale (26.2 miles).

    So the next time someone says, a million, a billion, a trillion, what's the difference? - you can tell them the difference.

    Z

  8. #7
    Member KevinDW78's Avatar
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    For those of us who grew up back in the late 80s, this might help:
    http://youtube.com/watch?v=TdnLhN4SeYY
    "So you think that money is the root of all evil. Have you ever asked what is the root of all money?"
    - Ayn Rand

  9. #8

    Question One Wonders

    I wonder if any of our members of Congress know how much a trillion is (except for Congressman Paul). Evidently not, since they keep borrowing this country out of debt (Let that sink in for a bit.).
    "And they cast dust on their heads and cried, weeping and wailing, saying, 'Alas, alas, that great city, wherein were made rich all that had ships in the sea by reason of her costliness! For in one hour is she made desolate.'" - Revelation 18:19

    "News that China is soon to surpass the United States as the largest economy in the world is a stark reminder of how the American people are harmed by the welfare-warfare state, crony capitalism, and fiat currency." - Dr. Ron Paul






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