Alaska Science Forum
December 27, 1978
High Finance
Article #276
by T. Neil Davis
This column is provided as a public service by the Geophysical
Institute, University of Alaska Fairbanks, in cooperation with the
UAF research community. T. Neil Davis is a seismologist at the
institute.
How much is a billion dollars?
Despite inflation's upward trend which may someday
require each of us to carry around sums like this for pocket money,
it's hard to envision what a billion means. At the suggestion of one
of our local borough assemblymen (the Geophysical Institute's Dr.
Bill Stringer), we have amassed some comparative figures to help
people understand how much a billion dollars is.
By actual measurement, we have determined that a
hundred United States dollars laid side by side will cover an area
one meter square (just over a square yard). It takes about 8200
normally worn bills to make a stack one meter high.
So:
- A stack of one billion dollar bills will reach
from the ground 120 kilometers upward so that its top 20
kilometers would be immersed in a normal aurora.
- With a billion dollar bills, one could lay
down a band seventy bills wide along the full length of the
Alaska-Canada border from Demarcation Point to
Tongass.
- With a lot of paste and a billion dollars, one
could paper over the outside of the full length of the
Trans-Alaska pipeline twice ant still have $140,000 left over for
refreshments during coffee breaks.
- There are probably about 50,000 moose in
Alaska, so with a billion dollars, one could make a stack of bills
beside each moose that would reach at least as high as the moose's
head.
- If one sat down to count a billion dollar
bills and could count them at the rate of one per second, every
second of every day, it would take more than thirty years to
finish the task.
Now you have a clear picture of how much a billion
dollars is.