I heard an interesting analogy this week from Eldon Ploetz, an AZ RE instructor and a former bank executive.
If we were to stack $1 bills on top of each other at the rate of 1 per second and worked at it 24 hours per day, it would take us 11.57 days to stack $1 million.
How long would it take to stack a One Billion dollars? 11,574 days or 31.71 YEARS.
How long would it take to stack a Trillion Dollars? 31,710 years.
And,the National Deficit is reported to be 14.5 trillion dollars. That would mean we would need to stack $1 bill, 24 hours per day for 459,795 YEARS. That is a VERY long time. Obviously, our descendants will be dealing with this debt for years.
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