April 8, 2012
BY: Robert Hallberg, Topics: Money
The budget deficit in the US use to be in the billions of dollars but it has lately been described as trillions of dollars. We hear this word thrown around in the media but how much is a trillion dollars. The pictures below may help you but this amount of money in context.
First we have a $100 bill. One of the most commonly circulated bills in the World.
Next you have $10,000, enough to buy a used car or go on a great vacation.
This will make you a millionaire. With this amount of money you can buy 5 Ferraris, 50 economy size cars (Honda Civic, Toyota Camry), a really nice house or a small beach front property in California.
This is 100 million. This amount of money fits on a pallet. With this amount of money you can buy a Boeing 757 and have plenty left over.
This is $1 billion. Now we are getting serious. With this amount of money you can buy 5 6 Boeing Jumbo jet 747, or 25 top of the line private jets. If you are not in to planes you can buy two dozen private little islands in the Caribbean (They run about $35 million ea).
This is $1 trillion dollars in $100 bills. When the government talks about a $1.6 trillion deficit this is the volume of cash they are talking about.
This is $15 trillion, the size of the US national debt.
This is $114.5 trillion, the size of the unfunded liabilities in the US.
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