Is world total money asset more than 1 billion billion?

Answer 1

I think we can safely say no. If we consider the M3 money supply in the United States for the year 2007 then we're talking around 11.5 trillion dollars then even if we were to assume that all the other countries in the world were as rich as the United States then we still would not get to 1 billion billion dollars.

For easy figuring let's round the number of countries up to 200 then we have the following for comparison;

M3 for 2007 - (all the money in the US for 2007)

$11,500,000,000,000 - 11.5 trillion dollars

times 200 countries (number of countries rounded up)

$2,300,000,000,000,000 - 2.3 quadrillion dollars

one billion billion

$1,000,000,000,000,000,000 - 1.0 quintillion dollars

References:

For the number of countries in the world,

http://geography.about.com/cs/countries/a/numbercountries.htm

M3 Money supply in the US for 2007

http://www.nowandfutures.com/key_stats.html

Number Notation

http://www.math.com/tables/general/numnotation.htm