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No, they don't. There's only 1.4 trillion dollars in circulation. http://www.federalreserve.gov/faqs/currency_12773.htm http://www.federalreserve.gov/faqs/cur
by khuey 11y ago
No, they don't. There's only 1.4 trillion dollars in circulation.
http://www.federalreserve.gov/faqs/currency_12773.htm http://www.federalreserve.gov/faqs/currency_12773.htm
- jcoffland 11y agoNot all of their cash reserves are denominated in US dollars.
- khuey 11y agoThere's around 5 trillion US dollars worth of hard currency in the world. http://gizmodo.com/5995301/how-much-money-is-there-on-earth http://gizmodo.com/5995301/how-much-money-is-there-on-earth 80% of it is not sitting in a vault in China.