Occasional Tweets: Making money ― making profit

 

#Economics

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. The #MMT policy of #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy and NOT for the benefit of #WeThePeople. ⇒https://t.co/XX5wLu3cSJ pic.twitter.com/0Qq3m0hPws

— E.K-H (@AXECorg) January 10, 2023

For details of the big picture see cross-references MMT.