Occasional Tweets: Economics and politics and how to keep the system running

 

#Economics#Politics

The US political system is an #Oligarchy. Congress/Treasury/Fed/BigBusiness are integral parts of it. The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. The growth of #PublicDebt delivers the #Money to keep the system running. pic.twitter.com/777IjMO8PM

— E.K-H (@AXECorg) September 2, 2022

For details of the big picture see cross-references Political Economics/Stupidity/Corruption.

For more about democracy see AXECquery.