Occasional Tweets: Deficit, profit, debt, interest, and distribution

 

#LearnEcon

For the #PublicDebt holds #WeThePeopleOwesIt and #OligarchyOwnsIt. This #CashCow produces perpetual #InterestIncome. After a long near-zero-interest dearth, the Oligarchy now gets a rate increase under the pretext of fighting against #Inflation.

— E.K-H (@AXECorg) September 18, 2022

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