Occasional Xs: Clueless economists / Profit (XVI)

 

#Econ

The #ProfitLaw ⇓ implies #PublicDeficitIsPrivateProfit. So, #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy. #WeThePeople owes the #PublicDebt and is eternally taxed for #Interest, #Oligarchy owns the #FinancialAssets. All this is bad for #WeThePeople. pic.twitter.com/v31czrxwOW

— E.K-H (@AXECorg) December 10, 2023

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