#MMT takes “reforming programs” as a pretext for #DeficitSpendingMoneyCreation. Bc of #PublicDeficitIsPrivateProfit, MMT is a political fraud to the advantage of the #Oligarchy and the disadvantage of #WeThePeople. ⇒https://t.co/H8vQN478k7 pic.twitter.com/hHb0bFcjlX
— E.K-H (@AXECorg) December 7, 2021
#MMT
— E.K-H (@AXECorg) December 7, 2021
Stephanie Kelton's Deficit Myth is scientifically refuted and proven to be political agenda-pushing for the #Oligarchy.
The page where Stephanie Kelton gets macroeconomics wrong https://t.co/CNFDkXM1Ki pic.twitter.com/56hvSDXdqG
The reality is that #MMT is refuted on all counts and that Stephanie Kelton is academic fraud.
— E.K-H (@AXECorg) December 7, 2021
The Kelton Fraudhttps://t.co/BN9izLduPa pic.twitter.com/Xj6150Rtny
The reality is that Stephanie Kelton is too stupid for the elementary #Algebra that underlies macroeconomic accounting and that #MMT is refuted on all counts.
— E.K-H (@AXECorg) December 7, 2021
MMTers are too stupid for science but well-suited as useful idiotshttps://t.co/eIliBmMI2U pic.twitter.com/RMmH6LGNCi
The fact that Stephanie Kelton “spent time as chief economist of the Senate Budget Committee” does NOT prove that she is an intelligent/honest #Scientist but that she is a stupid/corrupt #AgendaPusher. pic.twitter.com/rER6jlR0Ov
— E.K-H (@AXECorg) December 7, 2021
The #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. If tax T goes to #Min and spending G goes to #Max, #Profit Q goes to #Maximum. For #WeThePeople as a WHOLE, #DeficitSpendingMoneyCreation is ALWAYS a bad deal.
— E.K-H (@AXECorg) December 7, 2021
#MMT#SuccessStory
— E.K-H (@AXECorg) December 7, 2021
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. Trillionaires say thank you, Mr. Biden!
Imagine, the military budget is reduced to zero and the #Spending is redirected to Employment-/Climate-/Healthcare under the condition of a #BalancedBudget G=T. This benefits #WeThePeople. #MMT, though, insists on #DeficitSpending which increases #Profit Q≡G−T. Do you get that?
— E.K-H (@AXECorg) December 7, 2021