a Trillion here, a Trillion there

[lektrode]

TRILLIONS AND TRILLIONS everywhere...
pretty soon we'll be talking real money?

dunno if anybody caught the front page of the wsj on the 11th (while EJ had us all captivated with the AG play) but this photo illustrates an interesting juxtapostion of the term 'trillions'

trillions.jpg

on the righthand side we have an ad touting trillions in trades at morgan stanley, on left we have a graph showing inflation in chinese imports, while above/center of that we have a story by russell GOLD on the steadily shrinking volumes of oil transported by the alaskan pipeline: http://online.wsj.com/article/SB1000...119735102.html
and right smack in the lower/middle of the page we have a feature on:

HOW TO TURN A TRILLION DOLLARS INTO FIVE AND FEEL GOOD ABOUT IT

just thot it was kinda funny, esp since thats what we have happening in DC these daze...

[bagginz]

Re: a Trillion here, a Trillion there

From the WSJ article:

"Zimbabwe's highest denomination note, the biggest ever produced for legal tender." (referring to the 500 trillion dollar note)

From Wikipedia:

"The largest denomination banknote ever officially issued for circulation was in 1946 by the Hungarian National Bank for the amount of 100 quintillion pengő (100,000,000,000,000,000,000, or 10²⁰; 100 million million million) image. (There was even a banknote worth 10 times more, i.e. 10²¹ pengő, printed, but not issued image.) "

http://en.wikipedia.org/wiki/Hyperinflation