Occasional Xs: The futile attempt to recycle MMT (XXXIII)

 

#MMT#BadScienceBadPolicyBadPeople

The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. So, the #MMT policy of #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy.

MMT suckshttps://t.co/xhP5z9Xtiv pic.twitter.com/xDhoY1mvZL

— E.K-H (@AXECorg) October 2, 2023

Related 'Links on Austerity'.