“Once you understand that govt spending is money creation and that taxed money is destroyed, it follows that tax is only useful to limit inflation, inequality and harmful behaviour.” (Buddy Wells)
— AXEC (@EgmontHandtke) February 14, 2026
Buddy Wells does not understand profit, and by logical consequence, how the…
This blog connects to the AXEC Project which applies a superior method of economic analysis. The following comments have been posted on selected blogs as catalysts for the ongoing Paradigm Shift. The comments are brought together here for information. The full debates are directly accessible via the Blog-References. Scrap the lot and start again―that is what a Paradigm Shift is all about. Time to make economics a science.