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When I was younger, I learned the meaning of the word ”million.” In those days, a million bucks seemed a very great deal of money.
Soon after that, to try to understand our federal and even our state budgets, I had to learn the concept of ”billions” of dollars.
But today we read the word ”trillion” constantly. Our national debt is moving toward $3 trillion and our foreign exchange deficit is well over half a trillion.
Can ”quadrillion” be far behind? I had better learn to understand the idea of a 1 followed by 15 zeros.
In dollars.
