This is How Much Money Exists in the Entire World, in One Chart
There is $1.2 quadrillion invested in derivatives alone.
by Sue Chang
Market Watch
Ever wonder how much money there is in the world?
The answer is complicated, which you might expect, but not because of the difficulty of tallying up all the rather large numbers. Rather, it’s more about which parameters are used to define “money.”
“The amount of money that exists changes depending on how we define it. The more abstract definition of money we use, the higher the number is,” said Jeff Desjardins, an editor of Visual Capitalist, who put together an infographic to answer this question.
For purists, who believe money refers only to currencies such as bank notes, coins, and money deposited in savings or checking accounts, the total is somewhere around $80.9 trillion.
Continue Reading at MarketWatch.com…
Source: http://silveristhenew.com/2015/12/19/this-is-how-much-money-exists-in-the-entire-world-in-one-chart/
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