#LearnEcon#ProfitTheory
— E.K-H (@AXECorg) February 9, 2021
The 3-sector macroeconomic #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. More #DeficitSpendingMoneyCreation will result in a #ProfitExplosion. Even Paul Krugman and the Democrats understand this now. ⇒https://t.co/ABFUc41eMs
Austerity / Deficit Explosion / Profit Explosion
“The macroeconomic Profit Law entails Public Deficit = Private Profit. Because of this, the Oligarchy and their useful academic/journalistic spokespersons should consistently argue FOR deficit-spending/money-creation and WeThePeople and their academic/journalistic spokespersons should consistently argue AGAINST it. It is often just the reverse in the political Circus Maximus.”
- Profit
- Links on Austerity
- Austerity and the political games Progressives play
- Note on “Era of Austerity coming to an end...”
- Austerity: Who takes the little man for a ride?
- Austerity and the total disconnect between economic policy and science
- Austerity and the idiocy of political economists
- Austerity and the utter scientific ignorance of economists
- Deficit cheerleaders ― the Oligarchy’s useful idiots
- Trump and MMT: Make profits great again
- How MMT serves the rich (IV)
- Why hide MMTers profit?
- Cutting edge science or middle of the political swamp?
- Political fraud and the silence of academia
- Swabian housewife vs Wall Street loan shark
- MMT: A free lunch for the Oligarchy
- The U.S. economy hangs on the state ventilator for its survival
For more on Austerity see AXECquery.
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Twitter Mar 28 Debt Projection
Twitter May 4 Wealth
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