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The incredible shrinking economy – guardian.co.uk


guardian.co.uk

The incredible shrinking economy
guardian.co.uk, UK
Only about £44bn exists, in the UK, as physical, touchable cash: notes and coins. Everything else - £1.98 trillion or so - is bank deposits not backed by cash (or, these days, gold). Then there's wealth. Wealth - as opposed to income - describes the ...

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