How Much Money Is There on Earth?

How much money exists on Earth ? It ’s a simple inquiry with a bunch of complicated response .

merely , the answer dependson how you specify “ money ” . For the narrow-minded definition , or what ’s called “ M0 ” , that include only strong-arm money , paper notice and metal coins that constitute currency . That figure is around 5 trillion dollars . The next step up is M1 , which include all the strong-arm money , plus quickly access money like that in checking accounts , and comes in at $ 25 trillion . M2 include M0 and M1 , but also pull in clobber like rescue write up and Cd under $ 100,000 . That figure is around $ 60 trillion . And the last bod , the $ 75 trillion M3 , is much more abstractionist and not often reference in prescribed figures . It let in institutional money market funds , long full term depository , and other hooey rich people possess that can somehow be spent but confuses the rest period of us .

But , well , that ’s just currency . And one state ’s currentness can be pass over out by war or other influences . Or pomposity or deflation could change the value of the money you do have . Or a whole host of other things Vsauce covers in the video . So look into out the rest of the picture , or just sit tight and forecast out what miniscule percentage of the world ’s wealth you ’ve got in your air pocket . [ YouTube ]