• Avid Amoeba@lemmy.ca
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    5 months ago

    “… but it’s also just understanding how money works so we can advocate for policies that make sense,” she said.

    Great. Except there’s disagreement over how money works even among academics. And what understanding you subscribe to has real political implications. For example different understanding of money is used to drive pro austerity vs anti austerity policies.

    In addition, the way money works in practical, personal terms, is not how it works in government terms and this understanding is often used to promote austerity policies that are harmful for most individuals.