Occasional Tweets: How MMTers serve the rich (II)

 

#LearnEconomics#HowMMTservesTheRich

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. If taxes T are zero, #Profit is at maximum. Only a budget-surplus is deflationary.

MMT works just fine [for the Oligarchy]https://t.co/J7ThjKM5fF pic.twitter.com/9KLucEIYAN

— E.K-H (@AXECorg) January 23, 2021

The #ProfitLaw Q≡(G−T)+(I−S) implies #PublicDeficitIsPrivateProfit i.e. a #FreeLunch for the #Oligarchy. More #DeficitSpendingMoneyCreation produces a #ProfitExplosion. Mr. Trump did what he was supposed to do. After all, he was NOT a #ManOfThePeople but a #ManOfTheOligarchy.

— E.K-H (@AXECorg) January 23, 2021

Learn MMT

► Warren Mosler: scientific dilettante and political fraudster

► MMT, Warren Mosler, and the little helpers from Wall Street and Academia

► MMT: The one deadly error/fraud of Warren Mosler

► MMT pushes the Oligarchy's agenda ― and they push MMT

► MMT: Time to say goodbye