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The value of money has changed.

By
Real Estate Broker/Owner with John J Picciurro, VIP Real Estate, Inc.

Well the stimulus bill has been signed by President Obama, and the stock market continues to watch the pot to see if the water is boiling high enough to throw some money into the pot.  Since the signing however, the stock market is still looking at the pot, and the only thing boiling over is the patience of the American people.

Let's take a close look at all this money that's being doled out - to whoever. To begin with, we have to understand the value of money. Simply put, the value of money is what we say it is. Just today, NASA says that a $250 million dollar space craft failed to obtain orbit, so it crashed into the ocean, and now it's a man made reef for the fish. $250 million dollars is a lot of money, right? No it's not. Somewhere over the past six months our government has stopped using the word "millions". It's just too small of a number to describle money these days.

If you want to talk about money, please start with at least "billions", because anything smaller is an insult! We have gone past that now, "millions" is just throw away money now. It's what dimes and nickels were to us years ago when we were kids. You know, small change for pitching against the stoop with your friends. "Don't talk to me if your speaking millions, because that's chicken feed in this time of stimulus.

To add insult to injury, when we talk "billions" you start with a nice round number, like 10 of these "billions". Anyhing less than that, well it's is too close to "millions", and we don't want to confuse the two.

 For it seems that each day that goes by, the "billions" get to be more and more. Moving away from the "millions" at record speed. Can you say 800 "billion" - now that's a double round number?

It dosen't stop here, because you see, 800 "billion" is too close to a "trillion", and we don't want to confuse these two, do we? So why not just use "trillion". It's so much easier that way, and besides a "trillion dollars" is a quanity of money that most of us heard about in school, but could'nt count that high. You know, back when we were pitching nickels and dimes against the stoop. PS: I'll tell you a secret. I only had pennies to pitch!

DOES ANYONE KNOW WHAT'S GREATER THAN A "TRILLION"?   If we wait long enough, we'll find out!