
#137 Eric Tymoigne: What Makes Something Money?
The MMT Podcast with Patricia Pino & Christian Reilly
The Monitary System Does Not Exist in a Vacuum
The monitar system does not exist in a vacuum as something that is out there apparently on its own. It's there to help direct the allocation, direct production, direct distribution of resources. So you can't have something that is supposed to work as money that is completely disconnected fom whatever the needs of the system is. Can a world where money is not controlled by any one authority actually exists? You have but depends on how you define authority. But bit coiners are quite keen on basically removing authority from its relationship with money and to make money a decentralized thing.
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