Do You REALLY Know how much $1 Trillion is??
People are still so new to numbers of the scale we've been hearing about lately, that I suspect the enormity of our crisis continues to elude them as a direct result. The only thing I can think to do is to continue trying to relate these numbers to known quantities that people can identify with.
I just found a brilliant visual aid that I think will help. You've all held some $100 bills at some point... and a very short stack can make us feel momentarily empowered. But when you consider that the value of our currency is related to the amount of it out there, you may feel less thrilled with your short-stack of Benjamins once you see with your eyes what a trillion dollars looks like in $100 bills.
Again, keep in mind, our government and its consortium of private banks called the Federal Reserve have combined forces to pledge up to $10.15 trillion in response to this crisis.
You've all held a $100 bundle of $1 bills, right? The bank wraps them tightly in those adhesive paper wraps. If those were $100 bills, you'd have $10,000 in that small stack:
100 of those makes $1 million: