If you were RA this week, please let us know.
5 replies (most recent on top)
https://www.youtube.com/watch?v=dQw4w9WgXcQ
The person posting these every week is a G. Literally the only person actually trying to get real data on RA's. Good on you, bud.
Yawn
Same ol' same ol.
Fed decided labor was too expensive... so they up interest rates to cause layoffs to create elasticity of supply in the labor market.
Because ya know, rising labor costs are inflationary... but when what they sell goes up... well... that's capital appreciation... LOL!
Historically they've targeted about 4% unemployment as the number that maintains the house edge.
It's a sweet spot they seek...
Hyperinflation as to be avoided as it could topple the entire apple cart and they can't stay on top...
Deflation or zero inflation has to be avoided because then money won't flow into investments...
So the shoot for "just enough inflation with just enough lead time" to ensure that the flow of wealth is always upwards. Or perhaps more correctly, to the sell side.
Looks like a casino's house edge to me... (it's just harder to adjust it since the odds aren't as well known as say cards or dice)...
So the term Casino Capitalism may be right on the money.
https://www.vox.com/recode/2022/9/22/23366695/google-meta-recession-fears-mark-zuckerberg-sundar-pichai
“The party is over”: How Meta and Google are using recession fears to clean house
It looks like the bo-m days are fading in Big Tech, even if the cash is still flowing.