The US/EU political system is an #Oligarchy. Parliament/Treasury/CBank/Business are integral parts of it. The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. The permanent growth of #PublicDebt generates the #Cash to keep the #MarketEconomy running. pic.twitter.com/UXIsGKQzko
— E.K-H (@AXECorg) September 27, 2022
For details of the big picture see cross-references Political Economics/Stupidity/Corruption and cross-references Profit/Distribution.