The Oligarchy’s financial wealth and public debt (currently $22 trillion and counting) grow in lockstep. The macroeconomic Profit Law Qm≡Yd+(I−Sm)+(G−T)+(X−M) explains the extremely skewed distribution of income and financial wealth. Macroeconomic profit comes in the main from public deficit-spending/ money-creation. See
► Profit and macrofoundations
► The Levy/Kalecki Profit Equation is false
Related 'First Fundamental Law vs. Fundamental theorem of income distribution' and 'Econ 101: Economists flunk the intelligence test at the first hurdle' and 'Profit'. For details of the big picture see cross-references Profit/Distribution.