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How much money is out there, circulating or stored, actual bills and coins and not "purchased assests"

2007-12-26 07:21:38 · 2 answers · asked by allzeros 2 in Social Science Economics

2 answers

Try this: http://ask.metafilter.com/18052/How-much-money-is-there

or this: http://yedda.com/questions/money_8621042271315/

or this: http://ask.yahoo.com/20060717.html

I don't think there's an official number though -you can always keep producing things and making more money ££$$

2007-12-26 07:32:52 · answer #1 · answered by Anonymous · 0 0

What is the point of the question?

Most purchases in the U.S. are not made by "actual bills and coins" but by checks, credit cards, debit cards, etc. So you can find the total sum of bills and coins in the U.S. but it does you no good. In fact, when talking about "money supply", even the most restrictive definition, "M0" includes some non-physical "money":

http://en.wikipedia.org/wiki/Money_supply

Here is the Fed's page on money supply figures:
http://www.federalreserve.gov/releases/h6/current/default.htm

They don't bother with M0 here, just M1 and M2.

If you are willing to accept M0 as your number, look at this:
http://www.dollardaze.org/blog/?post_id=00216

BTW, the last estimate I saw for U.S. physical currency suggested that 2/3 of it was outside the country:

http://www.federalreserve.gov/paymentsystems/coin/1096lead.pdf
http://209.85.173.104/search?q=cache:3tVWfnA-FbIJ:www.federalreserve.gov/paymentsystems/coin/1096lead.pdf+us+physical+currency&hl=en&ct=clnk&cd=13&gl=us&client=firefox-a

2007-12-28 15:30:09 · answer #2 · answered by simplicitus 7 · 0 0

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