Occasional Tweets: Scary public debt ― another dose of tranquilizer for the kids

 

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. So, #PrivateFinancialWealth grows in lockstep with #PublicDebt which is the permanent interest #CashCow for the #Oligarchy. So, #WeThePeople owes the #Debt, #Oligarchy owns the #FinancialAssets. pic.twitter.com/p0dqbtM6gR

— E.K-H (@AXECorg) April 1, 2022

 Related 'There is an absolute limit to the growth of public debt' and 'From the debt economy to the gift economy: how America is brainwashed to love budget deficits'.

For details of the big picture see cross-references Deficit/Debt.