Occasional Tweets: How the economy works ― the Profit Law

 

This is how the #Economy works: the 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. So, the #MMT policy of increased #DeficitSpendingMoneyCreation will result in a #ProfitExplosion.

MMT works just fine (for the Oligarchy)https://t.co/J7ThjKM5fF

— E.K-H (@AXECorg) July 26, 2021

For more about the Profit Law see AXECquery.

Preceding profit explosion.

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Wikimedia AXEC143d Profit Law (with increasing complexity) and Balances Equation