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Hmm.. but there's no ambiguity in "billion"? There's certainly less than in "giga dollars"
by airstrike 4y ago
Hmm.. but there's no ambiguity in "billion"? There's certainly less than in "giga dollars"
- djbusby 4y agoBillion is different in Short (10^9) vs Long (10^12) scale. See: https://en.m.wikipedia.org/wiki/Long_and_short_scales https://en.m.wikipedia.org/wiki/Long_and_short_scales
- airstrike 4y agoThe short scale isn't a thing in English or when talking dollars which is implied by the dollar sign in "$95 billion" and the fact that this is a US company "$95 billion" simply means $95,000,000,000.00 and there's no ambiguity...
- djbusby 4y agoA thread on HN yesterday regarding Credit Suisse where this ambiguity came up. That thread was in English and was about US Dollars.
- kaashif 4y agoAre you talking about this comment? https://news.ycombinator.com/item?id=35152388 https://news.ycombinator.com/item?id=35152388 That doesn't read like anyone is actually confused over the meaning of "billion" , it seems like people are just speculating on whether this error is long/short scale confusion between languages. Personally, I think it was just a typo - there is no conceivable way that a billion CHF could ever be a million USD regardless of the scales used... Apologies if you're referring to a different comment.