Applied Philosophy

June 19, 2008

A Ptillion Dollars

Filed under: Miscellaneous — Tags: , — anonemiss @ 5:21 pm

A ptillion dollars is a thousand trillion dollars or ten to the power fifteen dollars or $1,000,000,000,000,000.

This number is no longer a theoretical measure but an economic reality: Total debt in the US-public and private-has been estimated at $0.1 ptillion; the value of short-term interest-rate futures traded on exchanges is $0.548 ptillion (notional).

When the coming hyperinflation hits the word ‘ptillion’ will become a household word, so I thought I would jump the gun and put it in print: let no one claim to be the first.

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