What comes after a trillion?
Cash is trash. Or soon will be. Theres something called the U.S. National Debt Clock and Id encourage you to pay it a visit on your computer or smart phone. As I write this on May 12, 2021, the U.S National Debt is 28,281,564,802. Thats over $28 trillion dollars but by the time you read this it will be a hundred billion more. I cant give you a more accurate number because the Debt Clock is spinning faster than my grandpa in his grave after he heard about the sorry state of Americas finances. The way the current administration is printing money I dont think its too early to discuss what comes after a trillion. Its quadrillion and its only a matter of time before we reach that miserable milestone. Let me put this in perspective for you. A billion dollars in hundred dollar bills weighs 11 tons, so a trillion dollars would weigh 22 million pounds! Or, consider this. If you spent a dollar a day since the day Christ was born you would NOT have spent a billion dollars. Youd have a quarter of that billion left to go on spending for another 760 years! Or, look at it this way. A million dollars in thousand dollar bills would be 8 inches high. A billion dollars in thousand dollar bills is 666 feet high or 110 feet taller than the Washington Monument. A hundred billion dollars in thousand dollar bills is 66,600 feet high or twelve miles. Our national debt at close to 30 trillion in one thousand dollar bills stacked to the sky would be 3,600 miles high! But since the U.S. stopped printing the $1,000 bill, the largest denomination printed is the $100 bill, so our national debt would be 36,000 miles high in legal tender. Keep in mind that this is stacked money not placed end to end. And all this borrowed money is backed by well, by nothing. And 7 trillion dollars of this debt is held by foreign countries, primarily China. When you compare our federal debt to our gross domestic product youll find that in 1980 our debt was 34% of GDP. 128%! If you or I operated in this manner wed be in jail and the bank would grab everything you got faster than green grass goes through a goose. The only way that our government can even pay the interest on all this debt is to print money faster than they borrow it, which basically means cash is trash. At the current rate of money printing were headed for a society where everyones a millionaire but no one has enough money to buy an ice cream cone. Thats you and me down the road. The second wealthiest man in the country, even after his impending divorce, is Bill Gates of Microsoft fame. Ill give you a hint, its not CDs that pay a third of a percent or treasury bills backed by thin air. No, Bill Gates is buying farm land. Lots of it; 242,000 acres of American farmland at last count. John Malone, who made his billions in telecommunications, years ago displaced Ted Turner as the largest landowner in America. This financial genius couldnt wait to get some of his money out of the stock market and into ranch land. Hes currently worth 7.9 billion dollars and owns 2.2 million acres of land including the historic and massive Bell Ranch and the historic TO Ranch, both in New Mexico. Under the name Silver Spur Ranches he also owns big ranches Wyoming, Colorado and overseas as well. Money talks and these days its saying to invest in things that produce real wealth or has real value. And no, Im not talking about Bitcoin. I dont know when this Ponzi borrowing scheme comes unwound, I just know that it has to. So take your money out from under your mattress and buy something that will let you sleep better at night. Perform a cashectomy and remove your money from the bank and buy more land, cows, gold, silver and ammunition.