John Griswold
1 min readMar 17, 2019

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Been looking into MMT recently. I find the definition of money in your linked MMT site to be interesting in that it doesn’t mention the basic function of money. That function? To be a medium of exchange for goods and services. Without such a medium modern economies are not possible. Certainly money is also a unit of measurement, of value, but only as the symbolic measure of that value in a trade. Thoughts?

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John Griswold
John Griswold

Written by John Griswold

Master carpenter, watercolor artist and beat up old jock…owned by Black Lab Bo who considers two tennis balls a minimum mouthful

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