The MMT Podcast with Patricia Pino & Christian Reilly cover image

#137 Eric Tymoigne: What Makes Something Money?

The MMT Podcast with Patricia Pino & Christian Reilly

CHAPTER

How to Redeem Tax Notes

People have to be able to redeem these instruments that i have issued. Otherwise they wonder why they would accept them in the first place. At esuance, i can make several promises to people regarding what you can do with this instrument. For each 23 notes, she can get one ounce of gold. Another way you can redeem is by making pay dues to you. And so all these three phases really need a lot of things to go right. It took a long time for to happen, throughout miletary history for that to happen.

00:00
Transcript
Play full episode

Remember Everything You Learn from Podcasts

Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
App store bannerPlay store banner