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.
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.
ReplyDeleteI think the word trillion is more commonly heard these days
ReplyDelete