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Title: Crash Course: Chapter 11 - How Much is a Trillion? by Chris Martenson

Added: Feb 23, 2009

Author: ChrisMartensondotcom

Duration: 3:29

Description:
Chapter 11 (How Much Is A Trillion?): Recently, we have gotten used to hearing the word "trillion." From trillions of dollars of government debt to trillion dollar bailout packages, we are spending enormous sums of money. However, most of us dont realize how much a trillion actually is. Dr. Martenson explains how much a trillion is using a few examples, such as a 67.9 mile high stack of $1,000 bills. As he concludes: "Make no mistake, a trillion is a very, very big number and we should not be lulled into complacency simply because it is too big to really get our minds around. That should drive us to action instead." http://www.chrismartenson.com

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Tags: finance  financial  crisis  economy  economic  crash  course  collapse  depression  1929  peak  oil  renewable  energy  stock  market  exponential  money  fiat  currency  gold  silver  inflation  iraq  war  bailout  bernanke  chris  martenson  ron  paul 



finance  financial  crisis  economy  economic  crash  course  collapse  depression  1929  peak  oil  renewable  energy  stock  market  exponential  money  fiat  currency  gold  silver  inflation  iraq  war  bailout  bernanke  chris  martenson  ron  paul 

Youtube Comments: 204

pillowbugg Says:

Feb 28, 2011 - @Highrise408 We both know that a new global currency is on the horizon. A global economy will function much more efficiently, but will compromise soveriegnty in the process. The bankers want to go from kings to gods in our lifetimes...

Lafraim Says:

Mar 28, 2011 - Money has no standard of cost. Shares have no cost standard in money.How it is possible to measure company cost if there is no standard of cost of labor?It is necessary to measure money in joules or calories.

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ghostfase Says:

Apr 6, 2011 - @topographicoceans11 where the hell did you learn math from?

ghostfase Says:

Apr 6, 2011 - @topographicoceans11 nvm

jonathanmoreno1000 Says:

Apr 12, 2011 - @topographicoceans11 does anyone know who has the 6 trillion that bush looted?but here in dallas they still build him n SMU presidential libray..that really makes m angry !its in your face treason..just like obama saying that that cant pay the troops..they are killing our troops and enjoying it...america this is evil and you must turn from all of it..or america will be invaded by military forces!wake up sheeple!

Gmananian Says:

Apr 19, 2011 - If i saw a stack of trillion dollars i'd take it

LoveSami52310 Says:

Apr 26, 2011 - if you spent a million dollars a day since jesus was born... still wouldnt equal a trillion dollars o.o a million. dollars. a day.

tomeucap Says:

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19mlv70 Says:

May 25, 2011 - If you dont know how our debt based fractional reserve banking system works, Please you have to learn. Search this link on youtube its a 1 hour documentary. Once you finnish watching you will understand the problem with our country and its debt. This is the most important hour of your economic life. If you cant watch it now please save the link for later. and please send it to friends and family. FIAT EMPIRE - Why the Federal Reserve Violates the U.S. Constitution

NazTheGreat Says:

Jun 4, 2011 - You wouldn't be able to do that on your own, as it is a vast some of money, but i would gladly help you! :D

ashstone503 Says:

Jun 23, 2011 - Yeah but we had more debt to GDP during FDR and came back from that...the question is not debt, but income. And comparatively speaking our income is far greater.

mgcgyugitradeco Says:

Jun 30, 2011 - Trillion is not that large at all. Sure if you are talking about debt it is but overall trillion is small. I can understand it and Im in highschool. Try understanding how large a googolplex or a googolplexplex or skewes number or grahams number are. Those are large numbers. Grahams number is the largest way beyond comprenhension. Even if you had trillion dollar bills the stack to grahams number is way more than 67 miles high.

sasukedetonator Says:

Jul 6, 2011 - How did you get the money to make this video?

lucinos19 Says:

Jul 26, 2011 - just multiply the length by 10. So instead of 67.9 miles it would be 679 miles.

qonf Says:

Aug 1, 2011 - A better trick for understanding what a trillion is.$ 1 Trillion = $ 3238 [ per US citizen* ]* ~300 M, 2010 census, wikipedia.

jutubaeh Says:

Nov 25, 2011 - hm why does this remind me of double book keeping..?

zedt01 Says:

Dec 6, 2011 - Instead of $1000 bills lets use $1 bills for an example. 67 x 1,000 = 67,000 miles for a trillion. Then times 67,000 by 15 for the $15 trillion of USA on sheet government debt. 67,000 x 15 = 1,005,000 miles. The circumference of the earth is 24,901.55 miles. Divide 1,005,000 miles of $1 bills by 24,901.55 miles for the earths circumference. 1,005,000 / 24,901.55 = 40.35. So USA government debt in $1 notes would go around the earth 40 times. Fuck me, we are in trouble.

philyB08 Says:

Dec 12, 2011 - Actually. The circumference of the earth at the equator is 24,901.55 miles (40,075.16 kilometers).But, if you measure the earth through the poles the circumference is a bit shorter - 24,859.82 miles (40,008 km). This the earth is a tad wider than it is tall, giving it a slight bulge at the equator. This shape is known as an ellipsoid or more properly, geoid (earth-like). Hi i'm a cunt, have we met?

ashwadhwani Says:

Jan 16, 2012 - Sky's the limit literally

joeinsful Says:

Feb 18, 2012 - thanks for 1t from kate.

WVUeersfan09 Says:

May 15, 2012 - Here's another way to explain it:If I were to give someone on here $1 million dollars a day, every day, from the time Jesus was born until now, I still would not have gave you $1 trillion dollars. Think about that.

WVUeersfan09 Says:

May 15, 2012 - And this too:Let's say a $1,000,000 bill existed. It would take 1,000,000 of those $1,000,000 bills to equal one trillion dollars. Our debt today would nearly equal 16,000,000 of those $1,000,000 bills. Trust me, our gov't has no intention of paying that money back. Nor can it.

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