November 16 2020 Modern Money Theory: Week 2 Back

Regroup Terms on One Side

        My_Spending        - Your_Income                    ≡   0
        My_Financial_Asset - Your_Financial_Liability       ≡   0
        My_Credit          - Your_Debt                      ≡   0
        My_Spending        + (- Your_Income              )  ≡   0
        My_Financial_Asset + (- Your_Financial_Liability )  ≡   0
        My_Credit          + (- Your_Debt                )  ≡   0


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