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How much money is there in the world?
Posted: Sun Jul 11, 2021 9:55 pm
by ChuChu Rocket
How much money is there in the world?
$1.2 quadrillion dollars. This includes cash, derivatives, cryptocurrency and investments.
If we're talking just cash, it's
$37 trillion dollars in circulation, cash and savings.
Which brings us to the question:
- How much is $1 quadrillion dollars? That's one million x 1 billion dollars.
- How much is $1 trillion dollars? That's one thousand x 1 billion dollars.
If you've ever wondered how many $100 dollar notes it would take to stack into $1 trillion dollars, check out this picture!
Re: How much money is there in the world?
Posted: Sat Jul 17, 2021 12:01 am
by mlawson71
I can't visualize such a sum at all, to be honest.
Re: How much money is there in the world?
Posted: Sat Jul 17, 2021 12:21 am
by shaileshm
There is no limit to how much money there is in the world. Because these days they are printing it out of thin air.
Re: How much money is there in the world?
Posted: Sat Jul 17, 2021 12:26 am
by Jimmy
shaileshm wrote: Sat Jul 17, 2021 12:21 am
There is no limit to how much money there is in the world. Because these days they are printing it out of thin air.
That's true. I didn't think of that.
Re: How much money is there in the world?
Posted: Sat Sep 04, 2021 1:16 am
by mlawson71
shaileshm wrote: Sat Jul 17, 2021 12:21 am
There is no limit to how much money there is in the world. Because these days they are printing it out of thin air.
I hadn't thought of that either. That is a pretty good point.
Re: How much money is there in the world?
Posted: Sun Sep 05, 2021 12:57 am
by HeavLeighGill
It’s crazy to think how much much is actually out there altogether, or to think how little some have and how much others are holding onto.
Re: How much money is there in the world?
Posted: Mon Sep 06, 2021 12:43 am
by shaileshm
mlawson71 wrote: Sat Sep 04, 2021 1:16 am
I hadn't thought of that either. That is a pretty good point.
This was obvious to me from the beginning when I learnt that money isnt backed up on gold or anything like that. Overall to me it means forex is not a zero sum game as they keep repeating all the time. Just like anything else, if they keep it repeating to you all the time, its most probably a lie. Individual research is important.
The forex sum is a increasing function of time and what this also implies is that its possible for everyone to be profitable in this game.
Re: How much money is there in the world?
Posted: Mon Sep 06, 2021 12:49 am
by moey_dw
what does the term zero sum mean??
shaileshm wrote: Mon Sep 06, 2021 12:43 am
Overall to me it means forex is not a zero sum game as they keep repeating all the time.
Re: How much money is there in the world?
Posted: Mon Sep 06, 2021 2:49 am
by shaileshm
moey_dw wrote: Mon Sep 06, 2021 12:49 am
what does the term zero sum mean??
it means total money is a constant. so if someone profits a buck, then someone must lose a buck. Thats zero sum. Everybody cannot be profitable in zero sum. However the non zero sum systems its possible for everyone to be profitable.
Re: How much money is there in the world?
Posted: Mon Sep 06, 2021 4:31 am
by moey_dw
shaileshm wrote: Mon Sep 06, 2021 2:49 am
it means total money is a constant. so if someone profits a buck, then someone must lose a buck. Thats zero sum. Everybody cannot be profitable in zero sum. However the non zero sum systems its possible for everyone to be profitable.
oh i now understand it........... is futures trading also a zero sum game too??