A Trillion

I came across an interesting comparison in World Magazine this month. It compares 1 million with 1 billion with 1 trillion.

This is relevant since our beloved government is talking about debt in the trillions now. In our current budget we are slated to spend 1.5 trillion dollars more than we take in. But that is just a number. One trillion is 1,000,000,000,000. To met that is just so many zeros.

Thus the comparison. 1 million seconds ago was 12 days ago. 1 Billion seconds ago was 30 years ago. 1 Trillion seconds ago was 30,000 BC.

I am not an economist but this is what think. Well, backoff, it's my blog. This will affect our children and grandchildren as they live with a grossly indebted government. It will affect us in that the only possible way to ever pay it off will be by inflation. Over the next few years inflation will rise steeply and as it does, the money we have set aside for retirement deflates.