The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. The policy of #DeficitSpendingMoneyCreation is a #FreeLunch for the #Oligarchy. The young generation of #Economists is NOT different from the old, i.e. these folks are stupid/corrupt #AgendaPushers pic.twitter.com/aiJrle89Xn— E.K-H (@AXECorg) November 14, 2021
November 14, 2021
Occasional Tweets: The young generation of economists ― same as the old
Related 'Keynes, Kalecki, MMT and the invention of the perpetual profit machine' and 'Keynes, Lerner, MMT, Trump, Biden and exploding profit'.
For details of the big picture see cross-references Failed/Fake Scientists and cross-references Political Economics/Stupidity/Corruption and cross-references Profit/Distribution.