“Government deficit = private sector surplus (math, not a theory)” (?whispers?)
— AXEC (@EgmontHandtke) May 8, 2026
There is no such thing as the Private Sector, but only the household sector and the business sector. The respective balances are saving Sm and profit Qm. So, the correct formula says Government… pic.twitter.com/4n8Vnwmh4R
Also on fiat money.