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Forget Everything You Know About Money

Merryn Talks Money

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Rethinking Money: Concepts and Misconceptions

This chapter examines the complex nature of money, challenging traditional views by framing it as a system of ideas, credits, and debts rather than just a commodity. It discusses the evolution of monetary systems and critiques the emphasis on stable inflation, exploring how monetary policy influences wealth distribution and governance. The conversation raises critical questions about the implications of targeting metrics in monetary policy, suggesting that rigid adherence can lead to broader economic instabilities.

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