this post was submitted on 30 Oct 2025
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[–] Alphane_Moon@lemmy.world 104 points 1 month ago (19 children)

If you owe the bank $100, that’s your problem; if you owe the bank $100 million, that’s the bank’s problem.

[–] Kirp123@lemmy.world 99 points 1 month ago (18 children)

The difference between 100 million and 11.5 billion is about 11 billion. If you own a bank 11 billion that's not only that bank's problem, it's the economy's problem.

[–] boonhet@sopuli.xyz 41 points 1 month ago (9 children)

It's about 11.5 billion, really.

[–] MattBlackAlien@lemmy.world 45 points 1 month ago (1 children)

It's exactly 11.4 billion, really.

[–] boonhet@sopuli.xyz 19 points 1 month ago (2 children)

Well, if you want to get exact, sure. But if we're talking about half units, like 11 and a half billion, then 11.4 is so close to 11.5 there's no difference and calling it just about 11 sorta implies that it's a more significant difference IMO

[–] MattBlackAlien@lemmy.world 3 points 1 month ago

You need to be as precise as your resolution, otherwise the precision is meaningless. I guess you could argue that your resolution is units of half-billion (since some things are measured like that), but the initial value of 0.1B, and your use of 0.5 rather than 'half' suggests a resolution of 0.1B.

This is different to the aphorism 'The difference between a million and a billion is about a billion', both because of the difference in scale, and the quoted resolution.

[–] vacuumflower@lemmy.sdf.org -1 points 1 month ago (2 children)

11.4 bln is 100 mln away from 11.5 bln. I'm not sure "so close" is correct here.

[–] boonhet@sopuli.xyz 3 points 1 month ago (1 children)

If a man worth 11.5 billion loses 100 million, it affects him less than you or I losing a thousand. In fact it doesn't affect him.

[–] vacuumflower@lemmy.sdf.org 0 points 1 month ago

So you're a billionaire and one is not different from the other for you, gotcha.

[–] CileTheSane@lemmy.ca 1 points 1 month ago (1 children)

59 seconds is 1000000000000 pico seconds away from a minute, so I'm not sure you could say 59 seconds is "so close" to a minute.

[–] vacuumflower@lemmy.sdf.org -1 points 1 month ago (1 children)

There are far more seconds in your life than hundreds of millions dollars.

[–] CileTheSane@lemmy.ca 2 points 1 month ago

And there are far more dollars in 11 billion than 100 million.

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