Altered States of Monetary Consciousness
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State money

A collection of 2 posts
MMT is a language of Ents, not Squirrels
MMT

MMT is a language of Ents, not Squirrels

When it comes to money, we experience the world as squirrels seeking acorns, while the state experiences it like an oak tree issuing them
Aug 28, 2023 4 min read
How a linguistic glitch tricks us into believing bank deposits are deposited in banks
Mythbusting Money

How a linguistic glitch tricks us into believing bank deposits are deposited in banks

Many people believe a 'bank deposit' is 'money I put into a bank'. But bank deposits are in fact money issued out by banks. In this piece I explain this linguistic confusion, and show you how it can prevent you from understanding 'fractional reserve banking'
Jul 17, 2020 7 min read
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