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Before 2009 would you have predicted that a 100 Trillion Dollar bill would never be issued by a central bank?
by jefftk 3y ago
Before 2009 would you have predicted that a 100 Trillion Dollar bill would never be issued by a central bank?
- RandomLensman 3y agoGermany had notes and stamps in the trillions Marks in 1924 - nothing new there
- ilyt 3y ago2^63 / 100 Trillion = 9.2E6 so even in this case you have few decimal positions left.
- zarzavat 3y agoYou may be overlooking the potential for someone to own more than one of those $100T bills. Apparently it was worth about 30 USD at the time.
- hot_gril 3y agoIf $100T = 30 USD, then probably nobody will mind if we round to the nearest $1B. Just like how I have no way to compensate someone for less than 0.01 USD.
- xypage 3y agoThe government cares, the precision necessary for taxes is sub cent as mentioned in some replies to the top comment on this post.