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!

I can't visualize such a sum at all, to be honest.

There is no limit to how much money there is in the world. Because these days they are printing it out of thin air.

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.

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.

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.

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.

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.

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.

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??