Would 1 quadrillion dollars bankrupt the world?

Question

I just learned about this number. 1 quadrillion has 15 zeros after the 1: 1,000,000,000,000,000. Would this amount bankrupt the world?

Answer 1

Yes. The total GDP (gross domestic product, i.e. the value of everything produced for one year) is around 100 trillion dollars, or about 0.1 quadrillion.

So if 1 quadrillion dollars were produced, that would cause a huge amount of inflation since there isn't that much stuff.

Answer 2

There isn't that amount of money. If that amount of money were suddenly printed held by a single person\group, the value of everyone else's dollars would drop compared to the world economy. It would bankrupt the US at least and cause serious financial problems around the world.