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khuey
3768 days ago
No, they don't. There's only 1.4 trillion dollars in circulation.
http://www.federalreserve.gov/faqs/currency_12773.htm
1 comments
jcoffland
3768 days ago
Not all of their cash reserves are denominated in US dollars.
link
khuey
3768 days ago
There's around 5 trillion US dollars worth of hard currency in the world.
http://gizmodo.com/5995301/how-much-money-is-there-on-earth
80% of it is not sitting in a vault in China.
link