{"version":1,"type":"rich","provider_name":"Libsyn","provider_url":"https:\/\/www.libsyn.com","height":90,"width":600,"title":"To Understand Cryptocurrency, First Understand Money","description":" What is money? It\u2019s a time-honored question in economics, and the stock answers usually involve such phrases as \u201ca medium of exchange\u201d or \u201ca reliable store of value.\u201d But the definition seems increasingly up for grabs in the twenty-first century, as central banks undertake experiments to keep economies stable and cryptocurrency innovators launch new products like stablecoins that promise to upend the fiat money system.&amp;nbsp;Perry Mehrling, a professor of international political economy at Boston University\u2019s Pardee School of Global Studies and the author of several books and journal articles, uses what he calls the \u201cmoney view\u201d to make sense of the contemporary monetary landscape. On this episode of Risk Talking, Mehrling joins&amp;nbsp;Allison Schrager to discuss how understanding the basic features and hierarchy of money can help us understand the cryptocurrency crash of 2022.  ","author_name":"Risk Talking","author_url":"https:\/\/sites.libsyn.com\/415727","html":"<iframe title=\"Libsyn Player\" style=\"border: none\" src=\"\/\/html5-player.libsyn.com\/embed\/episode\/id\/23876700\/height\/90\/theme\/custom\/thumbnail\/yes\/direction\/forward\/render-playlist\/no\/custom-color\/88AA3C\/\" height=\"90\" width=\"600\" scrolling=\"no\"  allowfullscreen webkitallowfullscreen mozallowfullscreen oallowfullscreen msallowfullscreen><\/iframe>","thumbnail_url":"https:\/\/assets.libsyn.com\/secure\/item\/23876700"}