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Why does 36 trillion seem high? Sounds about right, especially since some of the forex trades are for legitimate currency changing, not speculation.
by Locke1689 14y ago
Why does 36 trillion seem high? Sounds about right, especially since some of the forex trades are for legitimate currency changing, not speculation.
- chollida1 14y agoMostly based on the Wikipedia estimate of 69 trillion as the world wide GDP. Though as I said, it's also very much a gut feel:)
- Locke1689 14y agoYou should look a little more into what GDP means. The "money" you see is very much the tip of the iceberg.
- chollida1 14y ago> You should look a little more into what GDP means. The "money" you see is very much the tip of the iceberg. :) I work in finance. I'm well aware of what GDP means. I appreciate you trying though:)