The role of government is to act as a transfer agent between taxpayers and bondholders. Government taxes the spread between a taxpayer’s work efforts and what the taxpayer yields from those efforts. Government takes its cut and passes on the rest to its bondholders. As a people manager, government creates narratives to encourage more yield and implements policies to encourage or support actions that create that yield.
Tag: Federal Reserve Bank of Atlanta
Interbank Market News Scan: The Fed speak not providing much to shift foreign exchange markets …
A Bloomberg interview with Federal Reserve Bank of Dallas president Robert Kaplan along with remarks by Federal Reserve Board vice-chair … More
Federal Reserve Bank of Atlanta creates commercial real estate index to assist risk assessment.
The Federal Reserve Bank of Atlanta yesterday announced the development of a new commercial real estate index designed to provide … More