Nigel Holmes
speaker
26 appearances
2 recordings
1 series
first heard Aug 2011
last heard Aug 2011
Nigel Holmes’s voice in public audio — every appearance, attributed to the second.
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Appearances
We had a huge upsurge of rioting in the early 1980s.
So $100 billion is a stack of $100 bills nearly 69 miles high.
And that's where meteors are active.
And it seems like a pretty big number.
If the stack continues up and up,
It shoots further into space.
Only when it reaches 9,030 miles does the stack finally add up to $14.3 trillion.
Here's a way of thinking about the size of the US national debt.
I'm going to make a stack of $100 bills, lay directly one on top of another, and see how tall the stack is when it's worth $14.3 trillion.
Each bill is 0.004 of an inch thick, pretty thin.
As the stack rises, we reach a million dollars surprisingly soon, at 3 feet 4 inches.
Continuing upwards, the amount of money in the stack of $100 bills has increased to $375 million by the time it's reached the top of the Empire State Building.
So it takes just over two and a half Empire State Buildings for the stack to get to $1 billion.
At the top of Mount Everest, five and a half miles, the pile is worth $8 billion.
The stack needs to go up to the height of 12.5 Mount Everest to reach $100 billion.
So $100 billion is a stack of $100 bills nearly 69 miles high.
And that's where meteors are active.
And it seems like a pretty big number.
But let's see how much farther our pile of money has to go to reach the $14.3 trillion that make up the U.S.
national debt.
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