– Explaining the nominal features of money by reference to social positioning theory
– Discuss the manner in which bank debt acquired the required capacities to be positioned as a successful money.
– Note that the positioning perspectives opens up the possibility of making a meaningful distinction between money and cash
– Discuss How bank debt get positioned as money
– Discuss the fact that Lawson argues that the thing currently positioned as money is state backed bank debt.
– Explain how Modern money is such that this debt relationship is sufficiently trusted for it not to require the existence of a redeemable item.
– Explain how This positioned bank debt, as unobservable, requires markers such as cash and electronic representations. But bank debt is money, not the markers.
– Discuss the constitution of the money position
