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R. Wray: Modern Money - the way a sovereign currency "works"

submitted by radx

9 years 2 weeks ago

Economics Professor Randy Wray answers the questions:

What is Money?
Why is at accepted?
What is the relationship between money & government?
What backs up our money?
Can the US government run out of money?

From the first seminar of the "Modern Money and Public Purpose" series at Columbia Law School.

4 Comments

kulpims

says...

*promote

siftbot

says...

Promoting this video and sending it back into the queue for one more try; last queued Thursday, February 25th, 2016 12:05am PST - promote requested by kulpims.