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A Penny for Your Thoughts? How About a Trillion Pennies? Over the past decade or so it has been said by some of our congressmen "A billion dollars here and a billion dollars there, and pretty soon you are talking about big money." Well just in the last year or so that billion here and a billion there has turned into a TRILLION here and a TRILLION there. Most of us cannot even fathom what a trillion of anything is. Please take a look at the site below to see how a trillion pennies would stack up. Just remember, if the 10 year budget predictions are right, you can multiply that stack of 1 trillion pennies by 1,250. That would be 1.25 QUADRILLION pennies with a value of $12.5 trillion. A Nation Obsessed with High Growth Rates Many in this nation would be happy to see our government (at any level) only grow at 7% or 8% annual growth rate. That doesn't sound so bad. 7% is such a small number and therefore it can't be that bad, can it? Well a 7% annual growth rate will double the size of the government in only 10yrs. We absolutely must look at the math of what our government officials are doing to us. When our politicians tell us they have cut projected spending by 2%, we fail to recognize that many times they are only talking about spending 106% of the current budget instead of 108%. In order to prevent our government (again...AT ALL LEVELS) from choking out the private sector economy, we must DEMAND that they actually start cutting spending. This means actually spending less than 100% of the previous years budget and then spending less than 100% of that budget the following year and so on.
Please see this video concerning how much our money supply is increasing due to the reckless policies of the U.S. Congress and the Federal Reserve.
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