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Marx, MMT, and a Currency’s Expression of Labor Time — Peter Cooper

Summary:
It is worth relating this to MMT, because it helps to make clear why Marx’s notion of a money commodity causes no real difficulty, either for an MMTer wishing to take Marx seriously or for a Marxist wishing to take MMT seriously.heteconomistMarx, MMT, and a Currency’s Expression of Labor TimePeter Cooper

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It is worth relating this to MMT, because it helps to make clear why Marx’s notion of a money commodity causes no real difficulty, either for an MMTer wishing to take Marx seriously or for a Marxist wishing to take MMT seriously.
heteconomist
Marx, MMT, and a Currency’s Expression of Labor Time
Peter Cooper
Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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