The #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit ⇒ #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy ⇒ #PublicDebt = #WeThePeopleOwesIt and #OligarchyOwnsIt ⇒ #Interest is taxed from #WeThePeople on behalf of the #Oligarchy.#LincolnLied
— E.K-H (@AXECorg) January 16, 2021
Related Is MMT good for WeThePeople or for the Oligarchy?' and 'MMT: A new myth for WeThePeople' and 'How counterfeiters save America with an extra profit and make WeThePeople pay for it' and 'The day when WeThePeople sends debt-deranged economists to hell' and 'MMT: An overdose of public-debt tranquilizers for WeThePeople' and 'MMT Progressives: The knife in the back of WeThePeople' and 'Mission impossible: economists join WeThePeople' and 'MMT: How the Oligarchy communicates with WeThePeople'.