Deep Dive

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

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

Beskrivelse

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.

Kommentarer

0

Vær den første til å kommentere

Registrer deg nå og bli medlem av Deep Dive sitt community!

Kom i gang

2 Måneder for 19 kr

Deretter 99 kr / Måned · Avslutt når som helst.

  • Eksklusive podkaster
  • 20 timer lydbøker i måneden
  • Gratis podkaster

Alle episoder

13 Episoder