This was really good https://twitter.com/bhgreeley/status/1251207065965678592
Something that @StephanieKelton brings up in the interview on the debate surrounding the origin of money: the barter theory vs. the credit theory.
I used to think of it as an interesting anthropological question. But more and more I realize that it’s the whole ballgame.
I used to think of it as an interesting anthropological question. But more and more I realize that it’s the whole ballgame.
Kind of what I was talking about the other day. If money is just a facilitator of barter, then an economic system focused primarily on currency stability makes intuitive sense. But if money is something else, then maybe that shouldn't be the main priority https://twitter.com/TheStalwart/status/1250509814062596096