Occasional Tweets: MMT is a political fraud

 

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. So, #MMT policy is a #FreeLunch for the #Oligarchy.

Stephanie Kelton: “All deficits are good for someone” Yes, Someone=Oligarchyhttps://t.co/F9uHrcRyWd

The Kelton Fraudhttps://t.co/BN9izLduPa pic.twitter.com/wnsz4JazoA

— E.K-H (@AXECorg) October 29, 2021

For the full-spectrum refutation of MMT see cross-references MMT.