Occasional Tweets: How MMTers serve the rich (IV)

 

#HowMMTservesTheRich

If gov expenditures G=150 and taxes T=100, then expenditures are financed by #TaxpayersMoney T and #CounterfeitMoney =50. Q=(G−T)−S=50 is the #Profit of the business sector if S=0. So, #MMT #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy.

— E.K-H (@AXECorg) February 5, 2021

Tax / Profit / Distribution / Inflation

• Gosh! the One Percent have gotten $21 trillion richer: Links on Distribution
• Dear idiots, it is deficit spending that creates the distribution people complain about
• MMT: Distribution is the drawback NOT Inflation
• Dear idiots, government deficits do NOT cause inflation
• Links on Inflation
• The Distribution Theory is false because the Profit Theory is false
• The Third Way: Towards the Happy Zero-Tax Economy 
• A clueless MMTer explains macroeconomics to clueless beginners

***

Twitter Feb 6