Ian Carroll

Ein bisschen wie Fiat-Money, wenn du runtergegangen bist, ist das Geld nicht wirklich ein Rappertuch. So, William Denser was intimately involved in the founding of this new corporation, and then he became its first chairman and CEO. And thus was born the Depository Trust Company, the DTC.

They made sure to put the word trust in there, just in case you were confused and thought you couldn't trust all these banksters to be on the straight and narrow. Not foreshadowing at all. It would be regulated by the SEC and the Federal Reserve because they had the bright idea to make it a private corporation instead of a government agency. Can't imagine why.

They made sure to put the word trust in there, just in case you were confused and thought you couldn't trust all these banksters to be on the straight and narrow. Not foreshadowing at all. It would be regulated by the SEC and the Federal Reserve because they had the bright idea to make it a private corporation instead of a government agency. Can't imagine why.

They made sure to put the word trust in there, just in case you were confused and thought you couldn't trust all these banksters to be on the straight and narrow. Not foreshadowing at all. It would be regulated by the SEC and the Federal Reserve because they had the bright idea to make it a private corporation instead of a government agency. Can't imagine why.

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.

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.