Do not kid yourself, the numerator in all prices lost everywhere is one quant of tax relief, we are central banked. All prices can mostly go by this, sand exceptions duly noted and accounted.
What is on the bottom? Try Walmart, it is one quant of shelf space, price is tax relief earned for units of shelf space maintained.
The general example of price is that the numerator is in units of pit boss variance at the issuing currency bank. Pit boss variance is one exchange of order in stable flow, I would thin. It is the error bound by which the pit boss can intervene and switch a deposit and loan in its own account. The it boss intervenes beacaus etrader use their l/s for jumping ahead in line. Their line is in the goods flow, and they use deposit and borrow in advance to move up up or down in the queue.
Term debt. These are he insurance bets ex post after forensic accounting to remove long term hedges. Out side of pure currency bnking.
Our central banks keep private reserves balanced against government debt. It wants no crowding between the two.
No comments:
Post a Comment