Where I was born, a billion was , this is, a million millions. However, when I moved to the USA, I learned that a billion should be , while a trillion should be . But in the long notation a trillion is : 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.
Here are the advantages: people already should know the prefixes from playing with their computers, school and all the cool sounding words out there that can make most people drool if you just write enough of them: nanotechnology, Megastore, Kilogram of chocolate, gigabyte, microscopic. And seeing as this is scientific, there are no disadvantages at all.
Having established this scientific money, you shouldn’t say a thousand dollars anymore, but a kilodollar instead. Also, in accordance with scientific notation, the denomination should be written at the end rather than at the beginning, I mean, what were people thinking? Geez. So here are the new values of money so that you can get comfortable with them:
- You can still buy candy for this.
- One Kilo-dollar: a new computer.
- One Mega-dollar: a house in California (need to think local here).
- One Giga-dollar: what many companies wish they were worth.
- One Tera-dollar: The approximate size of the bailout.
- One Peta-dollar: all the money in the world? How should I know?