cash chartalism fungibility gold standard L. Randall Wray legal tender metallism MMT An example of tax-driven money during the greenback era Ridwan X
bitcoin Bob Murphy deflation fiat money George Selgin L. Randall Wray Ludwig von Mises MMT Nick Rowe Ripple Tyler Cowen wash trading Bitcoin's bootstraps Ridwan X
Bob Murphy chartalism coupon money fiat money medium of exchange metallism MMT How much are Warren Mosler's business cards worth? Ridwan X
Bank of Canada central bank independence clearing and settlement collateral Federal Reserve L. Randall Wray MMT overdraft facility Reserve Bank of New Zealand sterilization Steve Waldman Meandering from MMT and the platinum coin to the Bank of Canada and central bank floor systems Ridwan X
central bank independence MMT stock market and equities Corporations are currency issuers, governments are not Ridwan X
Adam Smith chartalism David Glasner fiat money history of thought liquidity premium Mike Sproul MMT moneyness Adam Smith: taxes contribute to fiat's liquidity premium, they don't drive its value Ridwan X