The US political system is an #Oligarchy with Congress/Treasury/Fed/BigBusiness as integral parts. The #ProfitLaw Q≡(G−T)+(I−S)+Yd implies #PublicDeficitIsPrivateProfit. So, the growth of #PublicDebt generates macro #Profit Q i.e. secures the Oligarchy's self-alimentation. pic.twitter.com/QP661WvBiB— E.K-H (@AXECorg) June 3, 2023
June 3, 2023
Occasional Tweets: Is the US-Oligarchy suicidal? (XII) ― No, everything turned out fine
For more about the Oligarchy see AXECquery.