The Kalecki profit equation shows that household savings, government deficits, and corporate investment determine corporate profits; the government has been running massive deficits that enabled high profit margins, but this support is now fading as the fiscal impulse declines.
causalpending
Speaker
Simon WhiteEvidence Quote
“the savings of households and governments uh along with corporate investment dictates corporate profits...the government has been spending handover fist...that's enabled uh profits and profit margins to be larger than they otherwise would have [29:41]”
Created: 8/11/2026, 7:06:30 AM
My Notes
Loading notes...