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By Joshua Mawhorter MMT poses two propositions: 1) that money originates according to the theory of chartalism, that is, money is essentially created and regulated by…
By Joshua Mawhorter MMT poses two propositions: 1) that money originates according to the theory of chartalism, that is, money is essentially created and regulated by…
What is fiat money and what does it do? This is essential to understand since today’s worldwide unbacked paper, or “fiat,” money regime is an…