Description
In this episode, Brett Scott joins Adam, Doug, and Ryan to discuss:
Brett's intellectual journey with MMT and how he was exposed to the ideas through different communities and eventsChallenges of separating fact from conspiracy theories Brett's perspective on tensions between using existing monetary systems and building alternative currenciesDiscussion of libertarian and anarcho-capitalist views in early crypto and the concept of "vulgar libertarianism"Evolution of understanding of limitations of blockchain and smart contract technologySkepticism towards claims of decentralization and feasibility of decentralized systemsBrett's arguments for maintaining balances of power in the monetary system through preserving cashImplications of moving to a cashless society in terms of power, data control, and corporate manipulationPotential for central bank digital currencies to expand access to reserves or bypass banking sectorDebate around proposals to issue CBDCs and commercial bank lobbying effortsRohan Gray's E-Cash proposal as a progressive vision for digital cash with privacy protectionsFor more from Brett, visit his Substack: Altered States of Monetary Consciousness
AppliedMMT.com
AppliedMMT on Twitter
MMT Macro Trader on Twitter
Disclaimer: The content of this podcast is for informational purposes only and should not be construed as financial or investment advice. The views and opinions expressed in this podcast are those of the hosts and guests and do not necessarily reflect the official policy or position of any associated employers or organizations. Listeners should consider their financial circumstances and consult with a professional advisor before making any investment decisions
David Andolfatto (@dandolfa) Professor & Economics Department Chair at the University of Miami, joins Adam, Douglas, and Ryan to discuss:
David's journey from construction to academia and the Federal Reserve.His focus on monetary theory and views on the essence of money.How MMT compares and...
Published 04/16/24
In this episode, Brett Scott joins Adam, Doug, and Ryan to discuss:
Vertical and horizontal dimensions of money Crypto capturing attention through an asset-only view of money that people commonly holdCrypto ignoring double-entry accounting and liability side of money by treating units as assets...
Published 03/26/24