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	<title>Healthy Wealthy Boomer &#187; currency</title>
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		<title>What Does a Billion Dollars Mean?</title>
		<link>http://healthywealthyboomer.com/wordpress/what-does-a-billion-dollars-mean/</link>
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		<pubDate>Sun, 13 Jul 2008 06:10:08 +0000</pubDate>
		<dc:creator>Michael Barrett</dc:creator>
				<category><![CDATA[Money]]></category>
		<category><![CDATA[Work at home boomers]]></category>
		<category><![CDATA[$1 Billion]]></category>
		<category><![CDATA[boomer]]></category>
		<category><![CDATA[currency]]></category>
		<category><![CDATA[Healthy]]></category>
		<category><![CDATA[million]]></category>
		<category><![CDATA[Wealth]]></category>
		<category><![CDATA[wealthy]]></category>
		<category><![CDATA[what is a billion]]></category>

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		<description><![CDATA[Most the time people in America describe a billion as a thousand million. But for this example, I would like to describe a billion as: one million thousand or ten million hundred So that means you can visualize a stack of a billion dollars on your dining room table in the following different configurations: Thinking [...]]]></description>
			<content:encoded><![CDATA[<p></p><h3><strong>Most the time people in America describe a billion as a thousand million.</strong></h3>
<p>But for this example, I would like to describe a billion as:</p>
<ul>
<li><strong>one</strong> <strong>million thousand </strong>or<strong> </strong></li>
<li><strong>ten million hundred</strong></li>
</ul>
<p>So that means you can visualize a stack of a billion dollars on your dining room table in the following different configurations:</p>
<p>Thinking in terms of $100 bills:<img class="alignright" style="border: 0pt none; margin: 5px; float: right;" src="../../images/stacks_of_$10000.jpg" alt="Bundles of $10,000" width="200" height="207" /></p>
<ul>
<li>Count out   50,000 stacks of 200 (two hundred) each, $100 bills</li>
<li>Count out   20,000 stacks of 500 (five hundred) each, $100 bills</li>
<li>Count out   10,000 stacks of 1000 (one thousand) each, $100 bills</li>
</ul>
<h3><strong>$10K Bundles of $100 Bills</strong></h3>
<p>You could count out stacks of 100 each, $100 bills (like this picture of bundled hundreds).</p>
<p>Each bundle is $10,000 each.</p>
<p>You would need to count out <strong>100,000 of these $10,000 stacks</strong> to create $1,000,000,000 (one billion dollars).</p>
<p>You&#8217;d better have a very large dining room table.</p>
<p><img class="alignleft" style="border: 0pt none; margin: 5px; float: left;" src="../../images/tall_stack_of_100s.jpg" alt="stack of 10,000 $100 bills" width="200" height="250" /></p>
<h3><strong>Stacks of $100 Bills</strong></h3>
<p>Now it gets even more interesting when we start looking at stacks of  $100 bills another way.</p>
<p>Suppose you wanted to make a single $1,000,000,000 (one billion dollar) stack of $100 bills.</p>
<p>It would have to be 10,000,000 bills high.</p>
<p>That is a stack of 10,000,000 &#8211; $100 bills…</p>
<p>According to the department of treasury a bill is .0043 inches thick. That means that 10,000,000 thick stack would be 43,000 inches tall or 3,573 feet tall &#8211; a little over 2/3 mile high.</p>
<h3><strong>Stacks of $1000 Bills</strong></h3>
<p>When we think of a $1Billion in terms of stacks of $1000 bills, a single stack would be 1,000,000 bills thick and would reach a height of 4,300 inches tall or 358.88 feet &#8211; 1.19 times the length of a football field &#8211; high</p>
<h3><strong>Remember a Million Thousand Earlier?<br />
</strong></h3>
<p>Now those stacks of $1000 bills on your dining room table would be could be configured this way:</p>
<ul>
<li>Count out 1000 stacks, 1000 high each of $1000 bills</li>
<li>Count out   500 stacks, 2000 high each of $1000 bills</li>
<li>Count out 10,000 stacks of 100 each of $1000 bills</li>
</ul>
<p>That&#8217;s 10,000 stacks of $100,000 bundles of $1000 bills.  Whoa, that&#8217;s a lot of thousands &#8211; <strong>a million thousand</strong>.</p>
<h3>Another Way of Looking at $1 Billion (1,000,000,0000) Dollars</h3>
<ul>
<li>$1 Billion of $100 bills end to end is approximately 55,000,000 inches long.</li>
<li>$1 Billion of $1 bills end to end is about 86,805.56 miles long, approximately 3.49 times the circumference of the earth</li>
</ul>
<h3><strong>A Billion Is A Huge Number &#8211; How About One-Part-Per-Billion&#8230;</strong></h3>
<p>1. One 4-inch hamburger in a chain of hamburgers circling the earth at the equator 2.5 times.<br />
2. One silver dollar in a roll of silver dollars stretching from Detroit to Salt Lake City.<br />
3. One kernel of corn in a 45-foot high, 16-foot diameter silo.<br />
4. One sheet in a roll of toilet paper stretching from New York to London.<br />
5. One second of time in 31.71 years.</p>
<p>A billion is a difficult number to comprehend, but an advertising agency did a good job of putting that figure into some perspective in one of it&#8217;s releases. I added a few of my own here too&#8230;</p>
<ol>
<li> A billion seconds ago it was 1976.</li>
<li>A billion minutes ago Jesus was alive.</li>
<li>A billion hours ago our ancestors were living in the Stone Age</li>
<li>A billion hours is about 114,155.25 years</li>
<li>A billion days ago no-one walked on the earth on two feet</li>
<li> A billion inches is 15,783 miles, more than halfway around the earth</li>
<li>A billion dollars of the US debt &#8211; paying it off by one dollar a second &#8211; takes 31 years, 259 days, 1 hour, 46 minutes, and 40 seconds</li>
<li>A billion dollars ago was only 3 hours, at the rate our government is spending it (based on figures from <a title="source for estimated 2008 US govt spending " href="http://www.usgovernmentspending.com/" target="_blank">usgovernmentspending.com</a> ) and we&#8217;re talking 24 hours a day, 7 days a week &#8211; 365 days a year  &#8211; Congress will spend a little over 8 times that amount every 24 hours every single day in 2008</li>
</ol>
<p>The next time you hear a politician use the word &#8216;billion&#8217; in a casual manner, think about whether you want the &#8216;politicians&#8217; <strong>spending YOUR tax money &#8211; to the tune of ~$2,931,200,000,000 (that&#8217;s 2931.2 Billion to be spent by Congress in 2008 ) </strong></p>
<p><strong>Give or take a billion&#8230;</strong></p>
<p><strong>Washington, D. C</strong> <strong>&lt; HELLO! &gt;</strong> Are all your calculators broken ??</p>
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