I got very interesting questions in my brain this morning... how much money are in the world right now. Cash and on bank accounts. Have you any ideas about this or any information?
Josef
Josef
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DislikedI got very interesting questions in my brain this morning... how much money are in the world right now. Cash and on bank accounts. Have you any ideas about this or any information?
JosefIgnored
DislikedI got very interesting questions in my brain this morning... how much money are in the world right now. Cash and on bank accounts. Have you any ideas about this or any information?
JosefIgnored
DislikedThanks for answers, guys. Really interesting question...
Lets make it more simple - how much cash are in the world. Every government knows how much money did the print. Now lets convert them all to USD and find a sum.Ignored
DislikedI got very interesting questions in my brain this morning... how much money are in the world right now. Cash and on bank accounts. Have you any ideas about this or any information?
JosefIgnored
DislikedI got very interesting questions in my brain this morning... how much money are in the world right now. Cash and on bank accounts. Have you any ideas about this or any information?
JosefIgnored
DislikedAre you referring to just cash ie something physical or cash + bank deposits ie physical money + money that exists electronically?
We live in a debt based monetary system. For every dollar in a bank account there is a dollar of debt somewhere. There is a small amount of base money in the system but that is dwarfed by the amount of credit money created by commercial banks. The amount of money simply depends on peoples desire to take on debt.Ignored