What a trillion dollars looks like

by John Wake on November 19, 2009

{ 2 comments… read them below or add one }

1 MPS 11.19.09 at 8:10 pm: The Federal Reserve’s balance sheet hit a new all time record of $2.19 Trillion in assets, after an unprecedented spike of over $70 billion in MBS purchases pushed the number over the previous record from late April.
2 Kyle 11.20.09 at 6:41 pm: I think the saddest part of that whole clip is the stat that says “a trillion can run the federal government for 3 months”. Really? with a trillion dollars the politicians could only last a quarter of the year. I suppose when Goldman needs cash on call from Turbo Tax Timmy, having a trillion in reserves is necessary…