David Prychitko reminds us "there are a million millions in a trillion." True only if you use
the short system of measuring large numbers. Those of us who collect old European paper monies are familiar with the words milliard and billiard.
![](http://thelongestlistofthelongeststuffatthelongestdomainnameatlonglast.com/images3/currency4.jpg)
And even more confusing is this note, which has the B in the corner. The B represents a re-denomination of the pengo note. This one is from 1946 and was never released to the public. It would have been worth a trillion of the original wartime pengo. Of course this all happened due to
Hungary's extreme hyperinflation. But that would be
trillion in the long sense -- for those of us in America, it would have equaled 1 quintillion original pengos.
So I find myself wondering -- if America used the million, milliard, billion, billiard long form, would we view the current amount of spending in government with
more trepidation or
less?
Origins from Wiki.
Labels: economics, inflation, money
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Posted
by King : 10:34 AM
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