“The state has no money.” (Glitch, quoted by Phil Waller)
— AXEC (@EgmontHandtke) April 7, 2026
In the beginning, the business sector has no money to pay wages, and the household sector has no money to buy bread. Transaction money gets the economy going; it is created out of nothing and vanishes after a short… pic.twitter.com/aPUGLLk6yI
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.