Per Bylund joins Bob to discuss his new paper at the QJAE, which points out several flaws in the MMT claim that money is valued in order to pay taxes.

<b>Per's QJAE article:&nbsp;<a href="https://Mises.org/HAP398a">Mises.org/HAP398a</a></b>

 <h2 class="element-invisible"><a href="/files/do-people-value-money-because-they-need-it-pay-taxes">Do People Value Money Because They Need It to Pay Taxes?</a></h2> <div class="content"> <div class="media-youtube-video media-youtube-1"> <iframe class="media-youtube-player" width="100%" height="auto" title="Do People Value Money Because They Need It to Pay Taxes?" src="https://www.youtube.com/embed/TmZv6bnHN6g?wmode=opaque&amp;controls=0&amp;rel=0&amp;showinfo=0&amp;color=white" name="Do People Value Money Because They Need It to Pay Taxes?" frameborder="0" allowfullscreen="">Video of Do People Value Money Because They Need It to Pay Taxes?</iframe>
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Per Bylund joins Bob to discuss his new paper at the QJAE, which points out several flaws in the MMT claim that money is valued in order to pay taxes. Per's QJAE article: Mises.org/HAP398a{ai:summary}<p>Per Bylund debunks the MMT claim that money's value is derived from its ability to pay taxes. He discusses his research in a new paper at the QJAE which highlights the issues with this claim.  #economy</p>

Do People Value Money Because They Need It to Pay Taxes?

Do People Value Money Because They Need It to Pay Taxes?

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