Deep Dive

Mathew Forstater & Geoffrey Ingham: Tax-Driven Money and Credit Theory of Money

10 min · 24 feb 2025
aflevering Mathew Forstater & Geoffrey Ingham: Tax-Driven Money and Credit Theory of Money artwork

Beschrijving

Notebook LM generated. The Credit Theory posits that money's essence is not as a physical commodity, but as a social relation representing debt/credit. All participants in a monetary system engage in these relations, settled by transferring abstract value. The Tax Driven Money approach, a specific form of credit theory, argues that the government's power to levy taxes and demand payment in a specific unit of account drives the value and general acceptability of money.

Reacties

0

Wees de eerste die een reactie plaatst

Meld je nu aan en word lid van de Deep Dive community!

Begin hier

2 maanden voor € 1

Daarna € 9,99 / maand · Elk moment opzegbaar.

  • Podcasts die je alleen op Podimo hoort
  • 20 uur luisterboeken / maand
  • Gratis podcasts

Alle afleveringen

13 afleveringen