Friday, February 13, 2009

How big is a trillion USD, part II.

Now that times are getting leaner, and bailouts are getting bigger, I decided I needed a sequel to my earlier post about how much a trillion dollars can buy you. That post was about weaponry, but how about food?

So I looked at the world's total agricultural output (1.87$ trillion) and discovered that for a "measly" trillion dollars you could feed entire world for half a year.

This provides a tasty yardstick for the amount of money Congress spent on stimulating the financials (700$ billion plus 800$ billion to be added soon), or the total amount of guarantees that Fed has given to the banks (over 12$ trillion).

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