#130 Andrés Bernal: Inflation & What Orthodox Economists Misunderstand About Money
The MMT Podcast with Patricia Pino & Christian Reilly
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Introduction
In this episode, we talk about the myth of barter. The idea that money as we know it to day evolved out of barter is not supported by experts for the most part. And so you'll hear us talk about warren mosle's business card analogy for describing chartalism. To paraphrase john maynard kanes, the state chooses and names a unit of account.
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Transcript
