The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. So, #PrivateFinancialWealth grows with #PublicDebt and in the form of #Bonds becomes the permanent interest #CashCow for the #Oligarchy. #MMT policy is NOT for the benefit of #WeThePeople. pic.twitter.com/MsiYEE9olI
— E.K-H (@AXECorg) October 2, 2023
For details of the big picture see cross-references MMT.