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Making Some Sense of $700b How much is 700 billion? The mind registers the number with such imprecision as to make it meaningless. One blogger proposed this way of grasping the figure: As a stack of $100 bills, it would reach 54 miles high. But who can imagine that? On the other hand, someone at the Smithsonian once calculated that counting to one billion, at the rate of one digit per second, would take 30 years. By that scale, counting to 700 billion would take 21,000 years. Posted in Economy/Trade, military industrial complex, Politics, War/Empire, Afghanistan, Bailout, Iraq

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Making Some Sense of $700b

How much is 700 billion? The mind registers the number with such imprecision as to make it meaningless. One blogger proposed this way of grasping the figure: As a stack of $100 bills, it would reach 54 miles high. But who can imagine that? On the other hand, someone at the Smithsonian once calculated that counting to one billion, at the rate of one digit per second, would take 30 years. By that scale, counting to 700 billion would take 21,000 years.

Posted in Economy/Trade, military industrial complex, Politics, War/Empire, Afghanistan, Bailout, Iraq