November 16 2020 | Modern Money Theory: Week 2 | Back Next |
Your income | x | x x | x x x x | x x x x x | x x x x x ------------------------------------ | y y y y y Year | y y y y y | y y y y | y y My spending | y
If one sector is running a surplus, at least one of other sectors must run a deficit
Changes in sector balances sum to 0
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