Last week the Federal reserve decided to inject ANOTHER trillion to buy treasury bonds and mortgage securities. In another words they simply decided to print another trillion dollars. So I thought you would really enjoy this graphic illustration to help you put that number into perspective.
Start with a simple $100 bill.
A packet of $100 bills worth $10,000 is less than 1/2 inch thick.
This little pile of cash can easily fit into any backpack and weighs just about 22 lbs.
$100 million fits neatly on any standard pallet, weighing in at a little over one ton.
$1 billion is ten pallets worth of cold, hard cash.
Finally, here’s one trillion dollars: