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How much money is in the world?
That
depends on how you define "money" There are a few different ways to
measure it:https://amzn.in/d/aMLtMtr
- Physical cash: This is the narrowest definition and includes only coins and
bills in circulation. Estimates range from around $8 trillion [AOL.com] to
$21 trillion [HowStuffWorks], depending on the source and how recent the
data is.
- Broader money supply: This includes cash plus things like checking accounts and
savings accounts. This number is much higher, with estimates in the range
of $48.9 trillion to $82.6 trillion [AOL.com].
- Investments and other assets: If you consider stocks, bonds, and other financial
instruments to be money, then the number gets much bigger. The total value
of the global stock market is in the tens of trillions of dollars, and
cryptocurrency adds another trillion or so [AOL.com].
So, there's
no single answer to how much money is in the world. It depends on what you
count as money. But it's safe to say it's a very large number!
Determining
the exact amount of money in the world is challenging due to various factors
such as different currencies, monetary systems, and the circulation of both
physical cash and digital money. Additionally, the total amount of money
fluctuates constantly due to economic activity, central bank policies, and
other factors
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