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cgod  ·  4119 days ago  ·  link  ·    ·  parent  ·  post: The two constants, or, why money has value

How does MMT differ from say Friedmans view of money. Maybe I'm not getting it but are you saying that the value of all money is dependent on it's role in paying taxes?

What about when kids develop a currency that is widely accepted in the scope of their child society like garbage pail kids or jalapeno Cheetos? Where does that fit into the tax thing?