Tag: labor

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Interbank market news scan: Most of us are digital serfs. Some of us will learn to trade.

The upside for the “knowledge worker” is that if she plays her cards right, she can go from being a digital version of a tenant farmer and trade her own coin. She has the research ability and given the digital tools that she likely helped develop, she can identify opportunities for trade and actively enter the markets. This is why I shed no tears about engineers being laid off from Facebook, Google, or Twitter. You have the digital skills and the severance pay to become traders. Continue reading Interbank market news scan: Most of us are digital serfs. Some of us will learn to trade.

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Interbank Market News Scan: The real free market is the one between commodities owners, merchants, and traders.

You would swear that America has a labor centric economic policy especially when jobs day comes around. The labor centric sentiment is fleeting. The inordinate amount of attention that is given to the Federal Reserve and monetary policy tells me its more about the financial markets and a lot less about the labor markets. Continue reading Interbank Market News Scan: The real free market is the one between commodities owners, merchants, and traders.

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Interbank market news scan: How to sell the idea of CBDCs? By paying labor at the end of the day.

The takeaway: A strategy for selling the idea of CBDCs: Paying labor by the end of the day. It is time for non-asset holding members of the labor class to look at ourselves as traders of time versus mere employees. The trader spends his or her day managing their financial and time capital converting one … Continue reading Interbank market news scan: How to sell the idea of CBDCs? By paying labor at the end of the day.