Ian Carroll
👤 SpeakerAppearances Over Time
Podcast Appearances
Denser wound up serving as chairman and CEO for 22 years. By the time he retired in 1994, the DTC held $7.7 trillion worth of securities, i.e. the shares of stock and the like. But today, on their website, the DTC says that they have custody of more than 1.4 million active securities issues, valued at a total of 87.1 trillion dollars. And they just say it, right there, out in the open.
Denser wound up serving as chairman and CEO for 22 years. By the time he retired in 1994, the DTC held $7.7 trillion worth of securities, i.e. the shares of stock and the like. But today, on their website, the DTC says that they have custody of more than 1.4 million active securities issues, valued at a total of 87.1 trillion dollars. And they just say it, right there, out in the open.
In their most recent annual report, they published some insane numbers. In 2024, they processed 3.8 quadrillion dollars worth of securities. On average, every day last year, they processed 2.2 trillion dollars worth of trades every single day. These are numbers that the human mind really cannot even process. So, Um uns zu helfen, möchte ich einen meiner allerersten Lieblingsvisuals nennen.
In their most recent annual report, they published some insane numbers. In 2024, they processed 3.8 quadrillion dollars worth of securities. On average, every day last year, they processed 2.2 trillion dollars worth of trades every single day. These are numbers that the human mind really cannot even process. So, Um uns zu helfen, möchte ich einen meiner allerersten Lieblingsvisuals nennen.
In their most recent annual report, they published some insane numbers. In 2024, they processed 3.8 quadrillion dollars worth of securities. On average, every day last year, they processed 2.2 trillion dollars worth of trades every single day. These are numbers that the human mind really cannot even process. So, Um uns zu helfen, möchte ich einen meiner allerersten Lieblingsvisuals nennen.
Shoutout zu demonocracy.info. Ich weiß nicht über den Namen, aber dieser wurde vor Jahren veröffentlicht und er lebt in meinem Kopf zu diesem Tag. Denn es ist schwer, diese großen Zahlen zu verstehen und es wirklich hilft, sie so zu visualisieren. Also, zu Beginn. We all know what a $100 bill theoretically looks like, right? If you stack a little stacky stack of them, you get $10,000.
Shoutout zu demonocracy.info. Ich weiß nicht über den Namen, aber dieser wurde vor Jahren veröffentlicht und er lebt in meinem Kopf zu diesem Tag. Denn es ist schwer, diese großen Zahlen zu verstehen und es wirklich hilft, sie so zu visualisieren. Also, zu Beginn. We all know what a $100 bill theoretically looks like, right? If you stack a little stacky stack of them, you get $10,000.
Shoutout zu demonocracy.info. Ich weiß nicht über den Namen, aber dieser wurde vor Jahren veröffentlicht und er lebt in meinem Kopf zu diesem Tag. Denn es ist schwer, diese großen Zahlen zu verstehen und es wirklich hilft, sie so zu visualisieren. Also, zu Beginn. We all know what a $100 bill theoretically looks like, right? If you stack a little stacky stack of them, you get $10,000.
Very small stack. You make a whole pallet of them and you have $100 million. Solid $100 bills. Wall to wall, bottom to top. Put 10 of those pallets together and you've got a billion dollars, okay? So we're counting it up. If you want to visualize a trillion dollars, Der Semi-Truck da unten ist nur für die Größe.
Very small stack. You make a whole pallet of them and you have $100 million. Solid $100 bills. Wall to wall, bottom to top. Put 10 of those pallets together and you've got a billion dollars, okay? So we're counting it up. If you want to visualize a trillion dollars, Der Semi-Truck da unten ist nur für die Größe.
Very small stack. You make a whole pallet of them and you have $100 million. Solid $100 bills. Wall to wall, bottom to top. Put 10 of those pallets together and you've got a billion dollars, okay? So we're counting it up. If you want to visualize a trillion dollars, Der Semi-Truck da unten ist nur für die Größe.
Man sieht die Person neben der Palette, neben der Säule der Paletten, neben dem Semi-Truck. Und dann, wenn man auszoomt und die ganze Tower auf der linken Seite schaut, von der very bottom to the very top, That whole skyscraper is filled wall to wall, end to end, bottom to top with solid $100 bills. That is how much money $1 trillion is. Okay?
Man sieht die Person neben der Palette, neben der Säule der Paletten, neben dem Semi-Truck. Und dann, wenn man auszoomt und die ganze Tower auf der linken Seite schaut, von der very bottom to the very top, That whole skyscraper is filled wall to wall, end to end, bottom to top with solid $100 bills. That is how much money $1 trillion is. Okay?
Man sieht die Person neben der Palette, neben der Säule der Paletten, neben dem Semi-Truck. Und dann, wenn man auszoomt und die ganze Tower auf der linken Seite schaut, von der very bottom to the very top, That whole skyscraper is filled wall to wall, end to end, bottom to top with solid $100 bills. That is how much money $1 trillion is. Okay?
That tower is 465 feet tall, approximately 43 stories high, about 40 feet to a side. That's a lot of money. So, to contextualize this number that the DTC is putting out, Every day, the DTC trades two skyscrapers of solid $100 bills. Every single day. Just want to work your way up so you can visualize how big this is going to get. Because these are double stacked towers.
That tower is 465 feet tall, approximately 43 stories high, about 40 feet to a side. That's a lot of money. So, to contextualize this number that the DTC is putting out, Every day, the DTC trades two skyscrapers of solid $100 bills. Every single day. Just want to work your way up so you can visualize how big this is going to get. Because these are double stacked towers.
That tower is 465 feet tall, approximately 43 stories high, about 40 feet to a side. That's a lot of money. So, to contextualize this number that the DTC is putting out, Every day, the DTC trades two skyscrapers of solid $100 bills. Every single day. Just want to work your way up so you can visualize how big this is going to get. Because these are double stacked towers.
Twice as tall as the ones you saw in the last graphic. Notice the palette and the person in each image. The person is pretty much too small to see. Okay? These are quadruple stacks. Notice the tiny Statue of Liberty way at the end of the line. You may barely be able to see the tiny speck that is the pallet with 100 million dollars on it.
Twice as tall as the ones you saw in the last graphic. Notice the palette and the person in each image. The person is pretty much too small to see. Okay? These are quadruple stacks. Notice the tiny Statue of Liberty way at the end of the line. You may barely be able to see the tiny speck that is the pallet with 100 million dollars on it.
Twice as tall as the ones you saw in the last graphic. Notice the palette and the person in each image. The person is pretty much too small to see. Okay? These are quadruple stacks. Notice the tiny Statue of Liberty way at the end of the line. You may barely be able to see the tiny speck that is the pallet with 100 million dollars on it.