At times I think that traders and bank depositors operate in sandboxes oblivious to the rest of the playground that surrounds their play area. The media offers enough noise to distract market participants from the philosophy that orders the interaction between the State, the banking system, and transactional markets. I consider banks to be the retailer of … Continue reading The Court’s role in supporting monetary policy.
How do you as a market maker extract energy from the political economy? First, under your role within the State. You are the State. Bankers, lawyers, traders, and commodities owners and producers are the State. Within this group is held the philosophy and narrative for the extortion of the underlying political economy. When I say … Continue reading Market makers: How do you extract energy from the economy?
Watching a television commercial featuring an attorney claiming how much money he can win for you in a personal injury suit or seeing a billboard featuring extravagantly dressed attorneys standing in front of a Rolls Royce is enough to give consumers the impression that attorneys are nothing but ambulance chasers. I can see why the … Continue reading The attorney’s role in a political economy goes beyond chasing ambulances ….
The bar, media, church, and academy must present the illusion that all positions can be accommodated while in actuality only one position may prevail: that of the State.
True intellectualism is purposeful, narrow, and intentional. When it claims universality, it is properly masking its true intent. Continue reading True intellectualism equals deceitful narrative …
Traders and their counsel should be mindful of this behavior and the use of communications that hint at price fixing behavior. Strong compliance methods should be put in place to avoid liability. Continue reading Compliance: What traders should avoid. Red flags that may signal price fixing.
Markets are tied to the concept of freedom, particularly the freedom to enter into negotiations and agree on the price of exchange. But I see markets as more than just a mechanism for moving goods and services. Markets, for political economy purposes, serve as nodes the State uses to extract energy in the form of taxes for the government. Continue reading Just a thought: The State’s ability to expand depends on markets.
No entrepreneur should pursue an ego-laden plan to build a business, which includes the renting of physical and labor resources. Any renting should be limited to renting additional funds from a bank or other investors. Also, in the case of predatory pricing, the entrepreneur-venture capitalist should audit her external and internal communications to ensure that they are not connected to inquiries about predatory pricing. Continue reading Corporations: Revamping the corporate form to protect against allegations of predatory pricing.
A legal opinion should convey the nation’s philosophy and indicate any changes in alignment with that philosophy. As a branch of government, the court transmits through its opinions the narrative that the country is expected to align with. By ensuring alignment or guiding a re-alignment, the court conveys the position of the State. Continue reading What a legal opinion should tell you.
Lawyers Write the Bets. Bankers Sell the Bets. 