Economics Editor, The Age
Another example of a trillion.Deposit a million dollars a day into an account.After a year the account would have 365 million dollars.After a thousand years the account would have 365 billion dollars, ie a bit more than a third of a trillion dollars.A this rate it would take 2740 years to accumulate a trillion dollars.
So even if Christ had banked a million dollars (and many say he is still with us) he still wouldn't have a trillion.
... and we'll have to get used to confusion between the British billion (a million million) and American billion (a thousand million)I wonder which one the BBC uses, given that the American one seems to be more accepted
The BBC uses the American billion - a thousand million - which seems to have become universal.
And more to the point there's also American and British trillions! http://www.askoxford.com/asktheexperts/faq/aboutwords/billion
My gosh. The BBC is sticking with thousands - the accompanying graphic comes from the Beeb.
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