Is world total money asset more than 1 billion billion?
I think we can safely say no. If we consider the M3 money supply
in the United States for the year 2007 then we're talking around
11.5 trillion dollars then even if we were to assume that all the
other countries in the world were as rich as the United States then
we still would not get to 1 billion billion dollars.
For easy figuring let's round the number of countries up to 200
then we have the following for comparison;
M3 for 2007 - (all the money in the US for 2007)
$11,500,000,000,000 - 11.5 trillion dollars
times 200 countries (number of countries rounded up)
$2,300,000,000,000,000 - 2.3 quadrillion dollars
one billion billion
$1,000,000,000,000,000,000 - 1.0 quintillion dollars
References:
For the number of countries in the world,
http://geography.about.com/cs/countries/a/numbercountries.htm
M3 Money supply in the US for 2007
http://www.nowandfutures.com/key_stats.html
Number Notation
http://www.math.com/tables/general/numnotation.htm