Rep. Tom Emmer (R-MN) on MMT, CBDCs, and crypto policy for 2022 (EP.276)

House Representative Tom Emmer (R-MN) joins the show to share thoughts on his crypto policy agenda for 2022, as well as his views on inflation, MMT, stablecoins, and CBDCs. In this episode:  How Rep. Emmer came to be interested in public blockchains Rep. Emmer’s interest in Austrian economics How Rep. Emmer stays up to date with the industry Are MMTers the establishment or an outsider group? Is Washington dominated by covert MMT ideology? Is fiscal conservatism dead in Washington? Why Rep. Emmer voted for the CARES act any regrets he has How the massive injection of cash in the last two years warped our economy Is inflation driven by fiscal spending or corporate greed? Is crypto inherently a partisan issue? Rep Emmer’s concerns about a CBDC Why the US should not take cues from China Why CBDCs are not akin to physical cash Why insisting that stablecoins need bank charters is deeply ironic Problems with the Presidential Working Group’s guidance on stablecoins Is crypto favorable or hostile to American interests? What are Rep Emmer’s colleagues’ residual objections to crypto? The purpose of Emmer’s Securities Clarity Act Will the midterms alter Congress’ approach to the crypto industry? Useful links:  Support the Emmer 2022 reelection campaign (crypto donations accepted)  Follow Rep. Emmer on Twitter Emmer's cosponsored Securities Clarities Act (press release) The Keep Innovation in America Act (press release) About the Blockchain Caucus Sponsor notes: Compass Mining is the world's first and largest online marketplace for bitcoin mining hardware, hosting, and ASIC reselling. Start mining your own bitcoin by visiting compassmining.io