How much is a trillion?
In my upcoming column for the Mississippi Business Journal I had to understand a trillion, as in $1 trillion. A trillion is a 1 followed by 12 zeros, ergo:
According to a recent CNN report, we learn the following:
– spending of one million per day since Jesus was born would amount to only about three-fourths of a trillion dollars; – a billion seconds is about 32 years, a trillion seconds is about 32,000 years; and – a trillion one dollars bills stacked on one another would be almost 68,000 miles high.
In the article I calculated the monthly payment on a $1 trillion no-interest mortgage. It came out to just over $2.7 billion per month.