Rep. Tom Emmer (R-MN) on MMT, CBDCs, and crypto policy for 2022 (EP.276)

On The Brink with Castle Island

House Representative Tom Emmer (R-MN) joins the show to share thoughts on his crypto policy agenda for 2022, as well as his views on inflation, MMT, stablecoins, and CBDCs. In this episode:

• How Rep. Emmer came to be interested in public blockchains
• Rep. Emmer’s interest in Austrian economics
• How Rep. Emmer stays up to date with the industry
• Are MMTers the establishment or an outsider group?
• Is Washington dominated by covert MMT ideology?
• Is fiscal conservatism dead in Washington?
• Why Rep. Emmer voted for the CARES act any regrets he has
• How the massive injection of cash in the last two years warped our economy
• Is inflation driven by fiscal spending or corporate greed?
• Is crypto inherently a partisan issue?
• Rep Emmer’s concerns about a CBDC
• Why the US should not take cues from China
• Why CBDCs are not akin to physical cash
• Why insisting that stablecoins need bank charters is deeply ironic
• Problems with the Presidential Working Group’s guidance on stablecoins
• Is crypto favorable or hostile to American interests?
• What are Rep Emmer’s colleagues’ residual objections to crypto?
• The purpose of Emmer’s Securities Clarity Act
• Will the midterms alter Congress’ approach to the crypto industry?

Useful links:

• Support the Emmer 2022 reelection campaign (crypto donations accepted)
• Follow Rep. Emmer on Twitter
• Emmer's cosponsored Securities Clarities Act (press release)
• The Keep Innovation in America Act (press release)
• About the Blockchain Caucus

Sponsor notes:

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