Occasional Tweets: The page where Stephanie Kelton gets macroeconomics wrong

 

#HowMMTservesTheOligarchy

Ch. 4, pp. 104ff of the DEFICIT MYTH is PROVABLY FALSE. There are 3 buckets NOT 2. #MMTers make #Profit invisible and thereby deceive #WeThePeople.

The MMT propaganda runs hothttps://t.co/nc970b1PEl#JustAnotherFraud

— E.K-H (@AXECorg) March 25, 2021

#MMT#BadScienceBadPolicyBadPeople#MacroEconomics

2 buckets ⇒ household sector, business sector
3 buckets ⇒ household, business, government
4 buckets ⇒ household, business, government, rest of the world

MMT fake bucket ⇒ “nongovernment sector”, government secor pic.twitter.com/d92AXKpBGt

— E.K-H (@AXECorg) March 28, 2021

The bucket debate: arguments of the winning side

#MMT

#BadScienceBadPolicyBadPeople

#LearnEconomics

2 buckets ⇒ household sector, business sector

3 buckets ⇒ household, business, government

4 buckets ⇒ household, business, government, rest of the world

MMT fake bucket ⇒ “non-government sector”, government sector

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#MMT

#BadScienceBadPolicyBadPeople

You ask "Have you read the book?" Obviously, you have not realized that in my last Tweet there is a screenshot of p. 104 of Deficit Myth attached that proves the Kelton fraud.

You are even too stupid for an MMT troll.

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#MMT

#BadScienceBadPolicyBadPeople

The fact is that you have NOT recognized the page where Stephanie Kelton performs the MMT fraud on the open stage. So either you don't have read the book or you are too stupid for the elementary math that underlies #MacroEconomics – just like the rest of the MMT troll brigade.

There are NO good MMT people

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#MMT

#BadScienceBadPolicyBadPeople

MMT is refuted on all counts see cross-references

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#MMT

#BadScienceBadPolicyBadPeople

MMT does NOT grow "more popular", it is only pushed harder. Stephanie Kelton and the other #MMTers are NOT serious academics but useful political idiots.

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

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#MMT

#BadScienceBadPolicyBadPeople

The trade balance is the 4th bucket as I pointed out ( ⇒ household, business, government, rest of the world). Stephanie Kelton made the 2nd bucket (= business sector) disappear and with it #Profit.

Stephanie Kelton’s legendary Plain-Sight-Ink-Trick

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The 3-sector #ProfitLaw Q≡(I−S)+(G−T)+Yd implies #PublicDeficitIsPrivateProfit. More #DeficitSpendingMoneyCreation will produce the biggest #ProfitExplosion ever.

MMT works just fine (for the Oligarchy)

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#HowMMTservesTheOligarchy

There is NO “private sector” only the business sector (balance profit/loss) and the household sector (balance saving/dissaving). The 4-sector #ProfitLaw reads Q≡(I−S)+(G−T)+(X−M)+Yd and implies #PublicDeficitIsPrivateProfit. See

Stephanie Kelton’s legendary Plain-Sight-Ink-Trick

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#MMT

#FakeScience

#MMTers

#StupidOrCorruptOrBoth

The plain MMT fraud

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For more about Stephanie Kelton see AXECquery.