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/OtNjrGV56o— E.K-H (@AXECorg) June 7, 2023
June 7, 2023
Occasional Tweets: Is the US-Oligarchy suicidal? (XIV) ― No, they go on as long as it goes
For more about the US-Oligarchy see AXECorg.