Occasional Tweets: Profit explosion

 

#LearnEcon

COV is a godsend for the #Oligarchy. The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. More #DeficitSpendingMoneyCreation produces a #ProfitExplosion.

Keynes, Lerner, MMT, Trump, Biden and exploding profithttps://t.co/ABFUc41eMs

— E.K-H (@AXECorg) July 26, 2021

For details of the big picture see cross-references Profit/Distribution.