Thursday, April 12, 2018

Too pedantic at the IMF

The Digital Gamble: New Technology Transforms Fiscal Policy
Read their stuff but listen to me

We are at the point of identifying the layering for pre-qualified agents.  The prequal  layer is the government entry for very efficient 'know your customer' regs.  Get involved in that now, be fair, stick to the goal of handling all reg conditions prior to trading. Don't get jammed.

Concurrent issue for guv is the number one risk for government, inflation adjustments everywhere in guv. Guv needs to prepare some marks to market, and if that means call the elders, then make the call. If we get consensus on regime change, guv need be prepared to dump debt and replace it with increased efficiency. That is the fair trade we all see, the Pareto thing.

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