The US political system is an #Oligarchy. Congress/Treasury/Fed/BigBusiness are integral parts of it. The #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. Increasing #PublicDebt generates #Profit/#Interest as a #FreeLunch ie enables eternal #SelfAlimentation.— E.K-H (@AXECorg) May 5, 2023
May 5, 2023
Occasional Tweets: The 'eternal' self-alimentation of the Oligarchy ― how does it work? (I)
Related From the debt economy to the gift economy: how America is brainwashed to love budget deficits
For details of the big picture see cross-references Deficit/Debt and cross-references Profit/Distribution.