Occasional Xs: How it works (XXXI)

 

#MarketEconomy

The correct designation of the U.S. political system is NOT #Democracy but #Oligarchy with #Congress/#Treasury/#Fed/#BigBusiness as integral parts. The #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit i.e. their #FreeLunch is self-generated. pic.twitter.com/7MLsSE565U

— E.K-H (@AXECorg) August 26, 2023

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