#24 - Conversation with Brett Scott (Part 2)

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 hold
• Crypto ignoring double-entry accounting and liability side of money by treating units as assets alone
• Bitcoin's reliance on energy-intensive mining and whether it can truly function as a reliable inflation hedge
• Bitcoin promoters shifting narratives between Bitcoin being an asset, a monetary system, and a counter-trade
• Inflation scaremongering as a distraction from real issues like wage stagnation and  wealth distribution
• Conservative monetary ideology benefitting creditors by constraining the political imagination of money
• MMT challenges to traditional assumptions by focusing on resources rather than financial constraints
• Interdependence as the starting point for economic analysis rather than independent actors in isolated markets

For more from Brett, visit his Substack: Altered States of Monetary Consciousness

AppliedMMT.com
AppliedMMT on Twitter
Douglas (@MMTmacrotrader) 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