Chartalism
In macroeconomics, chartalism is a theory of money that argues that money originated with states' attempts to direct economic activity rather than as a spontaneous solution to the problems with barter or as a means with which to tokenize debt, and that fiat currency has value in exchange because of sovereign power to levy taxes on economic activity payable in the currency they issue.
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Abba P. LernerAmerican Monetary InstituteBalanced budgetBeardsley RumlChartalistCredit theory of moneyCriticism of value-formCrowding out (economics)Deficit spendingDemand for moneyElly Heuss-KnappEndogenous moneyFull Employment AbandonedFunctional financeGeorg Friedrich KnappGuaranteed minimum incomeHenry Dunning MacleodHepburn v. GriswoldHistory of moneyHyperinflation in the Weimar RepublicInflationismJob guaranteeL. Randall WrayList of sovereign debt crisesMedium of exchangeMetallismModern Monetary TheoryMonetary economicsMonetary inflationMoney creationMoney supplyPost-Keynesian economicsSectoral balancesStephanie KeltonTaxWarren Mosler
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Chartalism
In macroeconomics, chartalism is a theory of money that argues that money originated with states' attempts to direct economic activity rather than as a spontaneous solution to the problems with barter or as a means with which to tokenize debt, and that fiat currency has value in exchange because of sovereign power to levy taxes on economic activity payable in the currency they issue.
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In macroeconomics, chartalism ...... le in the currency they issue.
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In macroeconomics, chartalism ...... le in the currency they issue.
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Chartalism
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