Posted by David on Thursday, February 24, 2011 at 5:59pm.
I couldn't find any estimate of the amount of money in the world. Considering there are so many currencies -- and their value changes daily -- that seems to be an impossible task.
If the wealth of the world were distributed evenly, westerners would be impoverished by our standards. But houses wouldn't cost a half million dollars if everybody was living on a few hundred dollars a year.
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