Occasional Tweets: Clueless economists / Profit (II)

 

#LearnEconomics#Inflation #Profit

The macroeconomic #LawOfSupplyAndDemand and the #ProfitLaw tell one exactly how #Price P & #Profit Qm move as a function of #WageRate W, Productivity R & #DeficitSpendingMoneyCreation ρE. pic.twitter.com/a0ZtOyh270

— E.K-H (@AXECorg) April 20, 2023

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