"McDonough, Terrence" wrote: > > Does no one else see any merit in the chartalist approach to money which > argues that money is anything the state deems acceptable in payment of taxes.
Isn't that just another way of describing what Jim calls fiat money; or, rather, one of a number of ways of enforcing fiat money. It seem to me that it is awfully easy to fall into tautology while discussing money. Carrol _______________________________________________ pen-l mailing list [email protected] https://lists.csuchico.edu/mailman/listinfo/pen-l
