Occasional Tweets: Deficit-spending, money-creation, macroeconomic profit, and distribution

 

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! pic.twitter.com/0zBRm8ol0B

— E.K-H (@AXECorg) January 29, 2022

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