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Just How Much Is $700 Billion? « The Washington Independent

Jul 31, 2020
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As the Wall Street bailout negotiations continue, the world is growing too accustomed, I fear, to the oft-mentioned $700 billion figure. As a reminder just how enormous a sum of cash that represents, consider the following:
If you stacked $100 bills atop each other, a $700 billion pile would rise more than 517 miles.
Another device: If you had 700 billion $1 bills and spent one per second, it would require 22,190 years to spend it all.
If you’re an investment banker, or course, it takes less time.
Dexter Cooke

Dexter Cooke

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Dexter Cooke is an economist, marketing strategist, and orthopedic surgeon with over 20 years of experience crafting compelling narratives that resonate worldwide. He holds a Journalism degree from Columbia University, an Economics background from Yale University, and a medical degree with a postdoctoral fellowship in orthopedic medicine from the Medical University of South Carolina. Dexter’s insights into media, economics, and marketing shine through his prolific contributions to respected publications and advisory roles for influential organizations. As an orthopedic surgeon specializing in minimally invasive knee replacement surgery and laparoscopic procedures, Dexter prioritizes patient care above all. Outside his professional pursuits, Dexter enjoys collecting vintage watches, studying ancient civilizations, learning about astronomy, and participating in charity runs.
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