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:

Now you have a clear picture of how much a billion dollars is.



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