It’s very difficult to quantify how much money there is in the world because it depends what you mean by money (broad money or narrow money). Each Central Bank should be able to tell you how much narrow money they have but when it comes to broad money that’s much more difficult to quantify.
Answered by: The Bank of England
- Do you think capitalism is equipped to face full automation of production?
- Have the regulatory bodies found a balance between micro and macro approaches ?
- The causes of the financial crisis 2009 were highly debated. There are critics that see the mistake in the fundamental idea to make money out of money. Do you agree with this?
- What limits does money have, in your opinion? Could it lose its power forever? What do you think comes after?
- Is financial immaturity self-imposed, or mostly externally-imposed? Don’t we need deep financial enlightenment? Do we really need to have a deep understanding of how the financial system works? Is it our fault that the veil has not been lifted yet or not?