Contrary to popular belief, banks don't just lend out other customers' savings. When a bank grants you a loan, it simply credits your account, and new money comes into existence. That's why most money in circulation exists as bank deposits rather than notes and coins. The flip side: repaying a loan literally destroys money.
That's the estimate from a WHO-led study published in The Lancet in 2024, covering the half-century since the Expanded Programme on Immunization was launched in 1974. It works out to about six lives saved every minute, mostly infants. The measles vaccine alone accounts for around 60% of those lives.
According to the World Gold Council, about 216,000 tonnes of gold have been mined in all of human history. Because gold is so dense (19.3 tonnes per cubic metre), it would fit in a cube about 22 metres on each side, roughly the height of a seven-storey building. Strikingly, about two-thirds of it has been mined since 1950.