Occasional Tweets: For the economy as a whole, there is no such thing as windfall profit

 

#LearnEcon

For the #Economy as a whole, there is NO such thing as random/windfall #Profit. The 3-sector #ProfitLaw Qm≡(G−T)+(I−Sm)+Yd implies #PublicDeficitIsPrivateProfit. #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy. #Economists don't get it to this day. pic.twitter.com/C9D52OMbT7

— E.K-H (@AXECorg) September 6, 2022 

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