Foto von Josh Appel auf Unsplash
Money is not another commodity like bushels of grain or even gold, as mainstream macroeconomics still treats it; rather, it is a social institution.
The persistent mistreatment of money in mainstream economics is a key source of its blindness in terms of macroeconomic pitfalls, confirming the public's misconception of money and hence the state's solvency in the process.
Go to: Money Is Not Another Commodity