Occasional Tweets: Huh, where does this vast profit come from?

 

#LearnEcon

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. Thus, the policy of #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy. Bigger is better, exploding #Debt is best ― except for #WeThePeople. pic.twitter.com/ctcC1bCbJL

— E.K-H (@AXECorg) October 6, 2021

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

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Wikimedia AXEC143d The macroeconomic Profit Law tells one where profit comes from