From the macro #LawOfSupplyAndDemand ⇓ follows a price hike P↑ under the condition of market clearing & W & R const. if #DeficitSpendingMoneyCreation ρE>1 happens in period t. It is reversed as soon as ρE=1.
— E.K-H (@AXECorg) November 15, 2023
Gov-Deficits do NOT cause inflationhttps://t.co/tNg8dEgo6L pic.twitter.com/C4u9S0wAhi
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.