6 ms·
What, no kickstarter page?
by existentialmutt 14y ago
What, no kickstarter page?
- tomjen3 14y agoDo there even exist a trillion dollar? I don't mean a trillion dollars worth of wealth, but a trillion dollar in currency (or even as deposits in banks)?
- waiwai933 14y agoWell, the US Gross Domestic Product is over $15 trillion, so presumably, yes.
- fennecfoxen 14y agoThe Federal Reserve can answer your money-related question! Let's go to their website and look at H6, "Money Stock Measures" - http://www.federalreserve.gov/releases/h6/current/h6.htm http://www.federalreserve.gov/releases/h6/current/h6.htm According to this release, as of April 2012, the money supply measure M1 (currency + check-like thingies) consisted of $1707.9 billion, of which $1036.9 billion was actual circulating currency (not in vaults). So, yes. There is roughly $1 trillion USD currency circulating. If you include savings-account-like thingies, M2, there is $9842.2 billion in money.
- tomjen3 14y agoSorry. I had forgotten that it was the M3 they cancelled and not the M1.