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How did you come to the 300T? Back when I looked into this I found around 45T (by just adding M0, M1, M2, and physical cash) [1]. Note that the numbers are from
by spaghetti1535 4y ago
How did you come to the 300T? Back when I looked into this I found around 45T (by just adding M0, M1, M2, and physical cash) [1]. Note that the numbers are from march 2021. The large difference with your number makes me suspect I’m missing something
[1] https://money.howstuffworks.com/how-much-money-is-in-the-world.htm https://money.howstuffworks.com/how-much-money-is-in-the-wor...
- deleted 4y ago[deleted]
- UncleEntity 4y agoI think countries other than the USA have their own currencies.
- ekianjo 4y agoNot really, since USD in the international currency of exchange, and every country needs to have reserves in dollars in order to purchase things like petrol and gas - so in effect every other currency tries to align to the dollar, for better or worse.