Archive for October 3rd, 2008

Scientific notation for money.

Where I was born, a billion was 10^{12}, this is, a million millions. However, when I moved to the USA, I learned that a billion should be 10^9, while a trillion should be 10^{12}. But in the long notation a trillion is 10^{18}: a million billions. You can imagine that this is very confusing, especially when talking about money. If you want to get confused, read the wikipedia. This is why I propose that we do away with all those phony numbers when we talk about money and use scientific notation instead.



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