
#43 Sam Levey: Understanding Endogenous Money
The MMT Podcast with Patricia Pino & Christian Reilly
00:00
The Evolution of Money and Debt
This chapter examines the historical significance of tally sticks as a method of recording debt and how it reflects the broader theory of money as an IOU. It discusses the origins of money in the context of governance and labor organization while comparing ancient accounting methods to modern financial systems.
Transcript
Play full episode