So far here in the UK £375 billion has been spent by this and the last government on Quantitative easing.
Feeling anything? Naw, me neither.
What's a billion for a start?
Well a million is a one with 6 zeros
and a billion is a one with nine zeros.
I'm still not feeling anything. Its all a bit abstract. If I had 20 million in the bank would my life be changed if I suddenly had 200 billion? Is it naive of me to say no?
I can imagine maybe as much as 50 grand. I think could imagine what 50 G would do for me. Above that I might as well be buying unicorns.
To properly get a grip on what a billion is you need to break it down.
The internet tells me that 62 million people live in the UK
You could share out a billion pounds by giving every man woman and child £16.12 each
The most recent bit of QE that was announced was £50 billion.
£16.12 X 50 = £806 for every man woman and child. So a family of 4 would get £3224
Like I said before the full amount so far is now £375 billion or £6045 each ( £24180 for that family of 4)
Starting to feel it yet?
One more thing on this... It could have been £6045 going to you, but where did that £6045 come from?
Well it came from you didn't it?
Ah, you're feeling it now aren't you.
Coming soon... Humm, I think I might do a kind of behind the scenes DVD extra type thing for Weak as I am, You know. With deleated scenes and making of. Stuff like that