Tuesday, January 27, 2026

Dollars and Personal

When governments, or even private developers, used to talk about the cost of projects, they once, and it seems like just a few years ago, spoke of millions of dollars or hundreds of million dollars. Nowadays such projects are spoken of in billions of dollars, and I think we are now conditioned to hearing billions of dollars and no long gasp for air in shock.

But what is a billion dollars? Billions was an unimaginable amount to me as a child and teeenager. Apart from the obvious that it was a massive amount of money back then, the definition changed. 

When I was young, a billion dollars was a million million dollars. Unknown to me, Australia changed to the US billion dollar definition, a thousand million dollars. I think I discovered that in the eighties. The world followed the new definition but there wasn't a date announced for the change. It was a slow dawning. 

I can't put a photo of a billion dollars laid out with notes, more is the pity if it was mine, but can I write one billion dollars in numerals (I just amused myself by accidently typing numberals). 

One million is $1,000,000. One billion is just an extra zero? $10,000,000? No, that is ten million. One hundred million, two zeros. $100,000,000. One hundred million equals one billion. That must be correct. I is a maths genius. 

What a boring post. I continue to be surprised at how long it takes to get from street level to the platforms of our new Metro Tunnel train. I had plenty of time today at Town Hall Station today after getting my hair cut, with an un asked for eyebrow trim, but after holding a lift for a woman, her two young children and their dog, and again gesticulating to her for the lift to travel to the platform from the concourse, I just missed my train, and so did they. She spoke Spanish to her children and her dog, and was carrying a crudely drawn Aboriginal flag on a piece of cardboard. Spanish speaking woman had been supporting Aboriginal rights and indoctrinating her children. I liked her. I went back to the street to what I could see. With another plug for our ABC TV, and the government of NSW, what a terrific music concert from Sydney Harbour, as I am about to hit publish. 

The pro white Australia march had broken up earlier as I observed in Elizabeth Street, carrying their flags wrapped around their sticks, trying to hide their symbols of white power. I stared into a number of eyes, in a stupid attempt to get understanding. They all had dead and unseeing eyes, staring straight ahead. 

With another plug for our ABC TV, and the government of NSW, what a terrific music concert from Sydney Harbour, as I am about to hit publish. 

Today I must go out in 43/110 degree heat for a medical appointment. The obvious is to catch a a tram, but there is no guarantee of one with aircon. I will drive, after calling reception to get the car park access code.

1 comment:

  1. Well, I hadn't realised that about the redefinition of a billion. Just looked it up and, yes, in 1974 the UK also changed to the US version. Now I can feel less shocked by our government's profligate spending.

    ReplyDelete

Dollars and Personal

When governments, or even private developers, used to talk about the cost of projects, they once, and it seems like just a few years ago, sp...