Occasional Tweets: The relationship between crisis → deficit-spending → macroeconomic profit (I)

 

#PublicDebt increases for 200+ years. The 3sector #ProfitLaw Q≡(G−T)+(I−S) implies #PublicDeficitIsPrivateProfit. Thus, #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy. Whether the money is spent on “defense” or “climate” makes NO difference for macro #Profit. pic.twitter.com/7S3u1JXXKw

— E.K-H (@AXECorg) February 22, 2022

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