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137 — Modern Money
Manage episode 284984922 series 2870328
Alex Howlett에서 제공하는 콘텐츠입니다. 에피소드, 그래픽, 팟캐스트 설명을 포함한 모든 팟캐스트 콘텐츠는 Alex Howlett 또는 해당 팟캐스트 플랫폼 파트너가 직접 업로드하고 제공합니다. 누군가가 귀하의 허락 없이 귀하의 저작물을 사용하고 있다고 생각되는 경우 여기에 설명된 절차를 따르실 수 있습니다 https://ko.player.fm/legal.
What is money? What is *modern* money? In what ways is state-issued fiat money different from a commodity-based money? What is the relationship between money and the state? To what extent can a state have "sovereign" control over its currency? What is the relationship between money and taxes? We will explore these and other questions as they relate to the Modern Monetary Theory (MMT) framework.
BBI has explored MMT before. But this time, we have MMT proponents James Keenan and Adam Rice—hosts of the NYC Deficit Owls Meetup group—joining us to discuss.
This week's reading is a 2009 paper by Randall Wray entitled "Understanding Modern Money: How a sovereign currency works."
You can find Randall Wray's other publications at the Levy Institute website.
For more information, see the Modern MMT Google Group.
Previous related Boston Basic Income topics have included:
BBI #29: CMT vs MMT
BBI #117: Sovereign Money
BBI #123: Money From Nothing
Original YouTube Recording
Image by epSos.de on Wikimedia Commons
24 에피소드
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