2007-01-16 02:08:07 · 18 answers · asked by Anonymous in Social Science ➔ Economics
That is hard to answer because its society that dictates what "money" is. Money is a monetary representation of something else, ie. gold, silver, iron, coal, so it can be created at will. The answer I'm going to say is infinity. As long as something lives on this planet and can trade something for a monetary value, there is money. Money will not run out until humans are extinct.
2007-01-16 02:12:17 · answer #1 · answered by outspoken 4 · 0⤊ 0⤋
Money is just a measure of value. For example, your house has a certain value in giving you warmth and shelter etc. This can be measured by money in terms of currency notes at a particular instant in time and the numerical "value" changes.
Money used to mean that your currency note was worth a certain amount of something of physical value (Gold). In theory, you could have exchanged all your notes for a certain amound of gold in the bank - the notes are an IOU.
The link with gold was broken (1971 I think) so the governments can print as much money as they like as the currency notes are only worth as much as you think they are worth - above their intrinsic value as printed paper.
2007-01-16 10:28:52 · answer #2 · answered by Nothing to say? 3 · 0⤊ 0⤋
Money is relative, so is value. The better question is how many resources are to how many people there are, then see how the goods are distributed among the people. That is more appropriate i think.
2007-01-16 10:11:10 · answer #3 · answered by Nickythewire 2 · 1⤊ 0⤋
Money is imaginary. If you mean currency and coin I can't tell you. With all the credit and debt, it fluctuates every second of every minute.
2007-01-16 10:12:16 · answer #4 · answered by tHEwISE 4 · 0⤊ 0⤋
its impossible to tell because the diffrent amounts of money and the exchange rate and the currency in the countries no1 has ever heard of
2007-01-16 10:11:21 · answer #5 · answered by pendejodelanoche 2 · 0⤊ 0⤋
LOL @ JAMJAM100's comment:
"A billion trillion skillion twillion frillion pillion.
If you don't believe me count it yourself!"
Well in that case, After you.
2007-01-16 14:40:59 · answer #6 · answered by H Vice 3 · 0⤊ 0⤋
roughly - enough to go around.
2007-01-16 10:10:57 · answer #7 · answered by Anonymous · 0⤊ 0⤋
money does not exist, it is an iou for the amount of gold someone is supposed to have, it is not real
0
2007-01-16 10:10:33 · answer #8 · answered by rykkers 3 · 0⤊ 0⤋
A billion trillion skillion twillion frillion pillion.
If you don't believe me count it yourself!
2007-01-16 10:11:56 · answer #9 · answered by Anonymous · 0⤊ 1⤋
if we'll take about coins festering at the bottoms of jars or behind sofas, tons and tons of them.
2007-01-16 10:11:33 · answer #10 · answered by LadyPandora 2 · 0⤊ 0⤋