How much money would everyone have if everyone had the same amount of money?

Originally Answered: How much money would every human on earth have if we split all available money among them? Currently, there is about $5,000,000,000,000 (5 trillion dollars) in hard currency, and there are about 7,200,000,000 people. So, if hard currency were evenly distributed, everyone would receive about $700.

How does the brain react to money?

They found evidence that anticipating paying with money (making the decision to purchase) did indeed activate pain processing regions in the brain, albeit those were associated with higher-order, affective pain, and not somatosensory (i.e., physical) pain.

When did the value of money normally decrease?

The value of money, however, has not really “ordinarily decreased” until the modern era (the 1930s or so). During much of history, a relatively low fixed amount of valuable commodities (gold) served as money. When the economy grew, and the same amount of money represented more economic activity, the money became more valuable, and deflation ensued.

What happens to the value of money when it falls?

A little more and you will see the money lose value (inflation); a little less and the money will gain value (deflation). As long as the value of inflation or deflation remains very low, the specifics matter relatively little.

Why is money so valuable?

Think of it this way: Money is valuable because it is money. The reason is governments print extra money to cause inflation (hopefully reasonable) so that people don’t just sit comfortably but do something to make money work.

What determines the value of money in an economy?

The value of money depends on: As long as the size and velocity of the money supply changes about as much as the overall economic activity changes, everything is pretty much good. A little more and you will see the money lose value (inflation); a little less and the money will gain value (deflation).