#Capitalism can maintain itself in existence only by sponging on the #State. The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. Thus, perpetual #DeficitSpendingMoneyCreation is a perpetual #FreeLunch for the #Oligarchy. pic.twitter.com/nrUEdibfUd
— E.K-H (@AXECorg) December 11, 2021
For more about Austrianism see AXECquery.
For more about von Mises see AXECquery.