#137 Eric Tymoigne: What Makes Something Money?
The MMT Podcast with Patricia Pino & Christian Reilly
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The Problem With Bit Coiners
As you move down the line and the ability to impose debt on others dwindles, conversion become the only real mean you can do that. The first modern versions of monitary systems were put in place by religious authorities at mesopotamia and egypt with the goal of channelling resources toward these religious authorities. And as you move through time, the way we have defined or established monitary systems also as reflected the methods of governenc of a country. That's not its kind of nanachronism. But lets a government. They wanted to channel grains. Also wanted to chann labor to them. So what the public purpose is, in this case, defined very narrowly as whatever
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