solving the USA National Debt.

Solving the USA National Debt
© M7C 2010

The USA National Debt is $14 Trillion Dollars (14 + 12 zeros).
The population of USA is over 300 Million (300 + 6 zeros).

If we pay the debt using Time Dollars (each Time Dollar = equals $10 USD),
We can solve the debt as follows:

$14 (+12 zeros) / divided by ( 300 {3 + 2 zeros, + 6 zeros for million = 8 zeros} * times 10 TD);
or:
12 – 8 = 4 (zeros)
so:
$14 + 0000 = $140,000 / 30 (each person having one time dollar so far, $10 each) = 4666.6666
[roughly $50k each person owes per $1]

Each person works 8 hours; divide 4666.6665 by 8 for one day’s work: $583.33332
Divide by 365 days in a year: = 1.5981734 (1.5 years of work x 8 hours a day x one time dollar earned)

It would take each American to work 8 hours a day for one year earning $10 in Time Dollars per person, or 1.5 years, to solve the National Debt of $14,000,000,000,000.

Time Dollars could be earned in addition to one’s normal work.

© M7C 2010