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Joined 2 years ago
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Cake day: July 4th, 2023

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  • I have a theory about this: We group money in magnitudes of tens up to a million but then jump up from 10x to 1,000x:

    1

    10

    100

    1,000

    10,000

    100,000

    1,000,000

    1,000,000,000

    That’s a huge increase but our minds like patterns so we instinctively feel that a billion must be about 10x a million and not the 1,000x it really is, thus leading to huge inaccuracies.