From the desk of
Bill Ramey
10/20/12
A TRILLION DOLLAR ECONOMY
When our leaders talk about a trillion dollar economy, how many grasp just what this means? OK, so it’s three more zeroes past a billion. But what does that mean? Perhaps if we translate this from dollars to seconds it will make more sense. One 24 hour day contains 86,400 seconds. That’s 24 hrs X 60 min/hour X 60 sec/min. Therefore one million seconds (1,000,000) is equal to 11.574 days or one million divided by 86,400 sec/day.
Now, since one billion (1,000,000,000) is three more zeroes, it is one thousand million. In other words, in days, it is one thousand times the number of days it takes to make a million seconds. 11.574 X 1,000 = 11,574 days. To get this into years we simply divide the number of days by the number of days in a year. 11,574/365.25 =31.69 years! And that’s only one billion seconds.
Now the feds are going to put (or are already putting) 40 billion PER MONTH into the economy as a stimulus. 40 X 31.69 yrs/billion seconds = 1,267 years of seconds.
Please keep in mind that we haven’t even looked at a trillion yet. And since it is 1,000 times a billion, (1,000,000,000,000) one trillion would amount to 1,000 times the number of years to make a billion seconds or 1,000 X 31.69 = 31,690 years it takes to make one trillion seconds. And our politicians, with bank bailouts and irresponsible spending, have boosted us into a multi-trillion $ economy.
Are we out of control or what? Have you the intestinal fortitude to look at where this policy has taken us?
FIGURES DON’T LIE BUT LIARS FIGURE
Gold has been the world’s value standard for thousands of years.
In 1930, when politicians first began playing games with U.S money, gold sold for $29 per ounce. Today it sells for $1,500+.
In order to calculate the total amount of inflation for the past 82 years, or if you prefer, the value of today’s dollar compared to 1930, we have rock solid numbers to base our calculations on.
$29/$1,500 = 0.0193333333 --- which is pretty simple arithmetic and it becomes obvious our current dollar is worth less than 2 cents compared to the 1930 dollar. And our president is determined to devalue it even lower. And the only choice for his replacement is Mitt Romney!!!!!! What a hell of a choice!!!!!
If we call this phenomenon “inflation”, we assume nobody is responsible and therefore nothing can be done to correct it. If we call it by its true name, only then can we see in proper perspective the true intent and extent of this “legislative piracy”.
This election, provided there is one, promises to be, not only the most extravagant, but the most exciting.
“My people are destroyed for lack of knowledge.” Hosea 4:6.