Yeah. Most people can't get their heads out of thinking about numbers linearly.
It's not quite 2048¹², but it is a lot of combinations.
Imagine a combination lock where each dial has the 2048 words around it, then have 12 of those dials.
Discussion
Usually, when I try to explain it to a newbie, I tell him:
The probability of a person finding my password is the same as the probability of finding the same atom I chose from all those in the universe