Did you know that most of the money in the world is intangible? Most of the money in the world exists only in digital ledgers and/or is created through interest and debt generation. Technically, there is about $80 trillion in the world. Only about $37 trillion is, “tangible,” in the form of coins and bills. If you count cryptocurrencies, derivatives, and investments, then about $1.2 quadrillion exists. (A quadrillion is a number followed by 15 zeroes.) Why think about these things? Do you have enough money? I want to inspire you to become more financially ambitious with mental exercises about money. The $1 million weight question – how much does $1 million in physical money weigh?
When I was a kid, I loved the cartoon DuckTales featuring Scrooge McDuck.
