Tag Archives: government

Data Dependency

The world of finance is focused on the Fed, and it has a lot to do with “notional” risk value. A lot of risk value, is held in reserve, having a well-defined nominal value. This quantity is the “easing” that … Continue reading

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We May Not Know What the Risk Really Is, but We Probably Have a Notion

In the realm of finance there is what is known as notional risk value. Financiers may not know what the risk really is, exactly, but they have a notion. To assign the probability a nominal value (knowing enough about what … Continue reading

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When the Price is Right

In a free market, everything is legitimately priced on demand. The price to be paid is not dictated but discovered. Buyers and sellers come together, freely engaged in commerce to discover risk beyond the dimension of avoiding it. We learn … Continue reading

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Comparative Dialectic

When we build something, we are likely to build it better by comparison. We avoid the risks that are the heritage of the past, having the currency of the future, all existing now at present value. It is a process … Continue reading

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Inflation Conflation

Inflation, Randians say, is really a hidden tax. The king (government) pretends falling demand (surplus value) is caused by big business who raise rents without risk because they are not regulated enough. Since more and more regulation robs us of … Continue reading

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Management by Objective

With the objective of maximizing profits (price and volume) while minimizing costs (wages and salaries), consolidation “makes the market” volatile. Alpha transforms into beta risk (cyclical and revolving), requiring a controlling authority, like government; and as the risk accumulates it … Continue reading

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Public Safety

The Utilitarian Model Elite models are supposedly concerned with public safety in priority. Exacting detriment from the top down is an act of selflessness (sacrificing private life for public service) not selfishness. The People need to be protected from themselves. … Continue reading

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