overlandflyer
Well-known member
as the largest currency in circulation is the $100 bill, i doubt if there are many millionaires (which of course includes billionaires) who have even $100k at home in their piggy banks. i'm sure 99% of the wealth (positive & negative) for any country is on paper... the 8½ x 11 kind.
another example on how huge $1T is... there are about 5200 banks in the U.S. the largest banks keep about $200,000 cash in their vaults on average. that's just a bit over $1 billion if you made ALL banks in the U.S. large banks. you'd have to have 1000x the number of these fictional banks to just hold ONE trillion dollars.
another example on how huge $1T is... there are about 5200 banks in the U.S. the largest banks keep about $200,000 cash in their vaults on average. that's just a bit over $1 billion if you made ALL banks in the U.S. large banks. you'd have to have 1000x the number of these fictional banks to just hold ONE trillion dollars.
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