#Economics#Politics— E.K-H (@AXECorg) September 2, 2022
The US political system is an #Oligarchy. Congress/Treasury/Fed/BigBusiness are integral parts of it. The 3-sector #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. The growth of #PublicDebt delivers the #Money to keep the system running. pic.twitter.com/777IjMO8PM
September 2, 2022
Occasional Tweets: Economics and politics and how to keep the system running
For details of the big picture see cross-references Political Economics/Stupidity/Corruption.
For more about democracy see AXECquery.