Furthermore, those 300 million facts on objects, classes, attributes and relations, means that True Knowledge is able to "infer trillions of additional facts and provide direct, perfect responses to questions", which directly impacts the end-user experience, says William Tunstall-Pedoe, Founder and CEO of True Knowledge, explaining the site's growth.
These tax cuts will require the U.S. government to boost its already large debt load by trillions of additional dollars.
The idea is no crazier than handing over billions if not trillions of additional dollars to the very institutions responsible for the crisis".
In addition, he's made it strikingly clear that he's ready to throw hundreds of billions (eventually, of course, trillions) of additional tax dollars at the Pentagon in the years to come.
On the Senate side, what you have is a budget calling for a trillion dollars of additional tax increases and you have more borrowing, more spending and never a balance," Cantor said.
This distinction is important because it means that the only real impact of a trillion-dollar coin would be to nullify a trillion dollars worth of additional debt that the government would otherwise have to take on through the issuance of new Treasury securities; and therefore it is not an inflationary factor -- at least not in the traditional sense.
But administration officials ran into other criticism on Capitol Hill a day after Mr. Obama released a budget plan projecting trillions of dollars of additional debt through his presidency.
And the burden of trillions of dollars of additional fiscal deficits and debts in advanced and emerging economies will be a drag on actual and potential growth for years to come.
For us, there is no bail out, just trillions of dollars of additional debt that our kids and grand kids will be forced to pay.
And I don't see any counterparty of size that could absorb, you know, trillions and trillions of–.
Even though banks have reported billions of dollars of losses from bad loans, these critics say, the major institutions still carry trillions of dollars in additional toxic assets and are too damaged to resume normal lending.
