Occasional Tweets: How economists serve the rich (III)

 

#HowEconomistsServeTheRich#Deficits are necessary because they drive #Profit. The #ProfitLaw Q≡(G−T)+(I−S) implies #PublicDeficitIsPrivateProfit. #PrivateFinancialWealth grows in lockstep with #PublicDebt which is owed by #WeThePeople. This is how billionaire-creation works.

— E.K-H (@AXECorg) May 19, 2021

For more on the Profit Law see AXECquery.

For more on Distribution see AXECquery.

For more on economists are stupid or corrupt or both see AXECquery.