Math Problem Fourteen: The One Joke you Have to Make About Money in the Future
The tax man completes the previous math problem, and Jack sighs, knowing he’s been beat. He produces a checkbook and writes away 32 trillion dollars. Granted, this isn’t an especially large amount of money nowadays. Since hyperinflation started in 2020, twenty-five years ago, every year the value of the dollar has been an eighth of what it was the year before. What is the amount of money Jack owes equivalent to in 2020 dollars?