his 205
History of Coinage
Sign in
Sign in
Learn anytime
Self-paced courses
Live classes
Teacher-led courses
Tutorials
Resources
Events
Certifications
Educator content
Language
Learn anytime
Self-paced courses
Live classes
Teacher-led courses
Tutorials
Resources
Events
Certifications
Educator content
Course
Overview
Credits
Course
Overview
Credits
Course
Overview
Credits
Save your progress
Different definitions of money
Modern Monetary Theory
History of Coinage
Modern Monetary Theory
What you will learn:
Principles of modern monetary theory
The role of taxes in MMT
Review of MMT
Complete chapter
'%3e%3crect%20x='109.185'%20y='253.397'%20width='350.859'%20height='857.656'%20fill='white'/%3e%3cpath%20d='M274.77%20708.572H233.194V888.205H286.632C302.651%20888.205%20314.635%20883.711%20322.461%20875.088C330.287%20866.465%20334.322%20851.404%20334.322%20830.149V779.138C334.322%20752.539%20329.797%20734.2%20320.382%20723.997C310.966%20713.795%20295.681%20708.451%20274.77%20708.451V708.572Z'%20fill='%23FF5C00'/%3e%3cpath%20d='M310.966%20610.558C320.015%20601.206%20324.539%20585.295%20324.539%20563.19V530.518C324.539%20490.559%20308.887%20470.519%20277.705%20470.033H232.949V624.768H269.512C287.977%20624.768%20302.039%20619.91%20311.088%20610.436L310.966%20610.558Z'%20fill='%23FF5C00'/%3e%3cpath%20d='M277.582%200C124.362%200%200%20123.399%200%20275.704V1069.3C0%201221.48%20124.239%201345%20277.582%201345C430.803%201345%20555.165%201221.6%20555.165%201069.3V275.704C555.165%20123.52%20430.926%200%20277.582%200ZM426.523%20833.064C426.523%20878.367%20414.539%20912.739%20390.817%20936.423C375.898%20951.241%20356.7%20961.322%20333.221%20966.909V987.677C333.221%201002.5%20320.993%201014.64%20306.075%201014.64C291.156%201014.64%20278.805%201002.5%20278.805%20987.677V971.888H232.949V987.677C232.949%201002.5%20220.721%201014.64%20205.803%201014.64C190.884%201014.64%20178.655%201002.5%20178.655%20987.677V971.888H170.218C150.53%20971.888%20140.625%20962.05%20140.625%20942.496V415.743C140.625%20396.188%20150.53%20386.35%20170.218%20386.35H178.655V357.201C178.655%20342.383%20190.884%20330.238%20205.803%20330.238C220.721%20330.238%20232.949%20342.383%20232.949%20357.201V386.35H278.805V357.201C278.805%20342.383%20291.034%20330.238%20306.075%20330.238C321.115%20330.238%20333.221%20342.383%20333.221%20357.201V388.78C333.221%20389.994%20332.977%20391.087%20332.855%20392.18C354.499%20397.524%20371.863%20406.512%20384.703%20419.386C406.469%20441.491%20417.597%20475.377%20417.597%20521.045V544.364C417.597%20604.363%20397.42%20642.743%20357.556%20659.14V660.719C403.656%20676.265%20426.646%20717.074%20426.646%20782.782V833.064H426.523Z'%20fill='%23FF5C00'/%3e%3c/g%3e%3cdefs%3e%3cclipPath%20id='clip0_1_174'%3e%3crect%20width='555'%20height='1345'%20fill='white'/%3e%3c/clipPath%3e%3c/defs%3e%3c/svg%3e)
'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.6235827664399093s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(30%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.5668934240362812s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(60%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.5102040816326531s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(90%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.4535147392290249s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(120%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.3968253968253968s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(150%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.3401360544217687s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(180%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.2834467120181406s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(210%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.22675736961451246s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(240%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.17006802721088435s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(270%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.11337868480725623s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(300%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='-0.056689342403628114s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%20transform='rotate(330%2050%2050)'%3e%3crect%20fill='%23ff5c00'%20height='13'%20width='6'%20ry='3.25'%20rx='3'%20y='20.5'%20x='47'%3e%3canimate%20repeatCount='indefinite'%20begin='0s'%20dur='0.6802721088435374s'%20keyTimes='0;1'%20values='1;0'%20attributeName='opacity'%3e%3c/animate%3e%3c/rect%3e%3c/g%3e%3cg%3e%3c/g%3e%3c/g%3e%3c!--%20[ldio]%20generated%20by%20https://loading.io%20--%3e%3c/svg%3e)