Should a trillion dollars be enough? How about three or more, depending on how you look at the bailouts being thrown around?

Mint.com and WallStats.com have some stunning visual expressions of what a Trillion Dollars represents.

One trillion dollars; it’s a number that few people can
comprehend, let alone your standard nine digit calculator. There have been attempts to put this number into perspective before. A trillion dollar bills laid end to end would reach the sun or you spend a dollar per second for 32,000 years or one trillion dollars in pennies would weigh as much as 2,755,778 Argentinosauruses (the largest known dinosaur).

Historical evidence doesn’t support the commonly held view that currency crashes are harmful to big economies, according to a Federal Reserve paper.

In fact, as long as they’re not triggered by an outbreak of inflation, crashes can actually have positive economic outcomes including stronger gross domestic product growth, lower bond yields and rising equity prices.

“Sharp exchange rate depreciations, or currency crashes, are associated with poor economic outcomes in industrial countries only when they are caused by inflationary macroeconomic policies,” wrote Joseph Gagnon, visiting associate director of the Fed’s monetary affairs division.

“On the other hand, crashes caused by rising unemployment or external deficits have always had good economic consequences with stable or falling inflation rates,” he wrote in the paper, which had the provocative title: “Currency Crashes in Industrial Countries: Much Ado About Nothing?”

The paper was posted on the Fed’s Web site Tuesday.

Gulp. Batton down the hatches!

via Fed Paper: Currency Crashes Can Have Good Economic Effects – Real Time Economics – WSJ.