Archived TIL The total value of all of the world's coins and banknotes is roughly $5 trillion (noosfeer.com)
submitted ago by carlos_ojeda
Posted by: carlos_ojeda
Posting time: 4.9 years ago on
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Archived on: 2/12/2017 1:51:00 AM
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Archived TIL The total value of all of the world's coins and banknotes is roughly $5 trillion (noosfeer.com)
submitted ago by carlos_ojeda
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[–] demi_god_dylan 0 points 1 point 1 point (+1|-0) ago
Why would there be more cash bill or coin, with computers such as they are and international trade being as advanced as it is, it's necessary to move a lot of money quickly, which is hard to do when most of it is cash. Also keep in mind that a lot of our money as a species is tied up in buildings, possessions of any and all kinds, stocks and savings bonds, and a whole lot more, so 5 trillion is probably on the very low side if all of that is accounted for as well.