5 ms·
it's funny - in the banking world, at least with bonds, 'M' is 1000 and 'MM' is 1 million then you have fox news who uses "G" for 1000, as in 1 grand.
by fnord77 5y ago
it's funny - in the banking world, at least with bonds, 'M' is 1000 and 'MM' is 1 million
then you have fox news who uses "G" for 1000, as in 1 grand.
- kevincox 5y agoThat is sad. We have standards like SI units to help us communicate. Something as wide and non-specialized as Fox News should be using common standards.
- mypalmike 5y agoFox News literally had a segment where Tucker Carlson and a guest ranted about how the metric system is a tyrannical globalist plot. I don't think they're interested in such standards.
- gopher_space 5y agoIs there a better way to signal that you've never worked with your hands?
- elliekelly 5y agoThe way M is used so inconsistently always means I have to stop and ponder the context when I read it.
- lotsofpulp 5y agoI do not think the convention of using multiple Ms makes sense anymore in a world of billions and trillions. No reason to use MMM or MMMM instead of k, M, B, T, and eventually Q. The usage of G is just regrettable, although I guess there is a population that does not associate k with thousand. But that’s more of an indictment in lack of adequate education that they would not have experience with sufficient science courses.
- ewalk153 5y agoNot sure of the history of the Ms, but it could come from French: 1000 = mille 10e6 = million 10e9 = millard
- sva_ 5y agoMille is originally latin though. Thats probably where the econ people use it from. (Though milliard is French)
- xmprt 5y agoWhy is G regrettable? Would you prefer they use K? Or would M be better? I personally find G for grand to make a lot of sense when talking about money. K doesn't make sense because no one says kilodollars. And M is too easily confused for million.
- rightbyte 5y agoHow about 't.' for thousand?
- lotsofpulp 5y agoThat would be confusing with T for trillion.
- lotsofpulp 5y agok is short for kilo, the SI prefix for 1,000. It makes sense that anything with prefix k or kilo is 1,000 of that, and it’s known globally. Grand is American English slang. Also, the dollar sign prefix tells you you’re talking about money. And M is for million.
- xmprt 5y agoFox is an American company is it not? It makes sense to use American slang if you're target market is America.
- 5y ago
- superjan 5y agoNot G, it should be k, of course. For a multiple of 1024.
- totalZero 5y agoI think you'd have a bad time in equities if you were to use M for a thousand. K is a bit less ambiguous.