In times of universal deceit, telling
the truth is a revolutionary act.
         - George Orwell


Napoleon once observed that "history" is a set of lies agreed upon. In an era of ubiquitous fake news and information warfare, this has never been more true. The very concept of objective truth in history is fading out of our world. Pure propaganda and outright lies are passing into our history textbooks as unquestioned truth, condemning future generations to false views about historical reality. But the task of sifting through the lies and propaganda is overwhelming, limited by the ambition and time constraints of most observors. Only those who have dedicated their lives to sorting reality from falsehood are qualified to rewrite "consensus" history as a duty to humanity. The contributors to this site endeavor to do just that.

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Saturday, November 4, 2017

Millions, Billions, and Trillions - All Of The World's Money And Markets In One Visualization

 By Tyler Durden, zerohedge.com, Nov 3, 2017 

       When we talk about the giant size of Apple, the fortune of Warren Buffett, or the massive amount of global debt accumulated – all of these things sound large, but they are actually extremely different in magnitude.
       That’s why, as Visual Capitalists' Jeff Desjardins explains, visualizing things spatially can give us a better perspective on money and markets.



How Much Money Exists?

This infographic was initially created to show how much money exists in its different forms. For example, to highlight how much physical cash there is in comparison to broader measures of money which include saving and checking account deposits.
Interestingly, what is considered “money” depends on who you are asking.
Are the abstractions created by Central Banks really money? What about gold, bitcoins, or other hard assets?

A New Meaning

However, since we first released this infographic in 2015, “All the World’s Money and Markets” has taken on a different meaning to us and many others. It’s a way of simplifying a complex universe of currencies, assets, and other financial instruments in a way that people can understand.
Numbers represented in the data visualization range from the size of the above-ground silver market ($17 billion) to the notional value of all derivatives ($1.2 quadrillion as a high-end estimate). In between those two extremes, we’ve added many other familiar measures, such as the GDP of California, the value of equities, the real estate market, along with different money supply metrics to give perspective.
The end result? A visually pleasing, but enlightening new way to understand the vast universe of global assets.
Courtesy of: Visual Capitalist
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To get “All the World’s Money” in book or poster form, go to the Kickstarter page now. Deadline: Oct. 31, 2017

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