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The History of Money

Everything Everywhere Daily: History, Science, Geography & More

00:00

The Definition of Money in the United States

Economists have a hard time defining exactly what money is. Every country has slightly different definitions of money, but they are all pretty similar. If you added up all the various forms of money in every country, it is estimated that there are the equivalent of 430 trillion dollars worth of money on earth. The total amount of currency in the world is about 90 trillion. Today's review comes from listener ean jergans over at pod chaser.

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