Monday, January 19, 2009

BIG Numbers

Here're two news items, both involving very BIG numbers

Zimbabwe rolls out Z$100tr note

How to Understand a Trillion-Dollar Deficit

Both articles are about numbers which go beyond our intuition.

100000000000000 Zimbabwe Dollars bill and it only fetches 30 USD. 231m% hyperflation.

And then, our Deficit. USD 1200000000000!!

Talking about inflation, Fed gave out 350 Billion USD to banks and is about to give 350 more to banks. Obama is talking about 1 Trillion Dollars stimulus plan. I'm not sure, how we can avoid inflation in USA in the next few years.

Peace

No comments: