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Posted

What amount is $4,000,000,000,000 if a writer uses only the “4” and replaces the many zeroes with one word?

Peter Gulia PC

Fiduciary Guidance Counsel

Philadelphia, Pennsylvania

215-732-1552

Peter@FiduciaryGuidanceCounsel.com

Posted

Isn't that trillion? The 7-9 zeros are the millions with 10-12 then billions so next comes trillions.

Kenneth M. Prell, CEBS, ERPA

Vice President, BPAS Actuarial & Pension Services

kprell@bpas.com

Posted

Thought so, but I’m glad to have a smart person check me.

In the last section of yesterday’s 389-page markup of title XI (Ways and Means) for a budget-reconciliation bill, that amount would be the proposed increase in the US debt limit—31 U.S.C. § 3101(b).

Peter Gulia PC

Fiduciary Guidance Counsel

Philadelphia, Pennsylvania

215-732-1552

Peter@FiduciaryGuidanceCounsel.com

Posted

Better than counting zeros (because a number might not have any zeros), you can count the commas:  one million has 2 commas, 1 billion has 3 commas, 1 trillion has 4 commas, etc.

I'm a retirement actuary. Nothing about my comments is intended or should be construed as investment, tax, legal or accounting advice. Occasionally, but not all the time, it might be reasonable to interpret my comments as actuarial or consulting advice.

Posted

By way of an analogy, $4 trillion is a stack of $1 bills that extends 32,564 miles beyond the moon.  

If you wish to count by weight, that would be 88,152,472 pounds of $1 bills.

Posted
23 hours ago, Peter Gulia said:

glad to have a smart person check

Flattered, I occasionally get things right, you know, blind squirrel!

Kenneth M. Prell, CEBS, ERPA

Vice President, BPAS Actuarial & Pension Services

kprell@bpas.com

Posted

I think in some European countries they would call it 4 billions.

QKA, QPA, CPC, ERPA

Two wrongs don't make a right, but three rights make a left.

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