AXEC: New Foundations of Economics

This blog connects to the AXEC Project which applies a superior method of economic analysis. The following comments have been posted on selected blogs as catalysts for the ongoing Paradigm Shift. The comments are brought together here for information. The full debates are directly accessible via the Blog-References. Scrap the lot and start again―that is what a Paradigm Shift is all about. Time to make economics a science.

August 2, 2023

Occasional Tweets: How it works (XVII)

 

#HowItWorks

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy. Their #FinancialWealth grows with #PublicDebt which becomes their interest #CashCow. This is the #LifeFormula of #USA. pic.twitter.com/hqaSo4Kjfj

— E.K-H (@AXECorg) August 2, 2023


Related 'From the debt economy to the gift economy: how America is brainwashed to love budget deficits' 
AXEC / E.K-H at 8/02/2023 05:43:00 PM
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