RE: Need Only 17 Steem to reach 1000 SP | #Club5050 #Club75
Hi. Greetings @greenman. how are you doing?
The research document for the last week was "The New Money Trust: How Large Money Managers Control Our Economy and What We Can Do About It" published by GRAHAM STEELE in 2020 in AMERICAN ECONOMIC LIBERTIES PROJECT.
Here is the source link of the document:
https://www.economicliberties.us/wp-content/uploads/2020/11/Working-Paper-Series-on-Corporate-Power_8_FINAL.pdf
This document's google drive folder link:
https://drive.google.com/drive/u/0/folders/1Nd-P1v7JekiA1xXVL8r0Ek3XrIPqr--O
And our google drives all documents folder:
https://drive.google.com/drive/u/0/folders/1sk4kfCca9MsKIx-JYTUHzLVBCwrY__x_
I have skipped 'the Investment funds and risks to financial stability' part of the document. But the next parts The Big Three as financial infrastructure providers, The political power of the Big Three, and Limiting the power of the Big Three: The importance of structural reform are new learnings to me.
I have a question is the federal reserve fully under the BlackRock?
Source: From the document
You haven't replied or commented on anything from the last month. Please let me know is anything else you need. Thank you very much for financially supporting me.
Good work. Keep it up. You should hold as much steem as you can for your future wealth. I expect a 10x increase within 2-4 years. Doing such IMO will launch you into a different class of wealth.
I will continue to power up from now on. The only reason I have withdrawn steem is that I have been dreaming to buy a good camera phone and finally I have bought it yesterday. I was using a button phone for the last three years. All credits go to you, sir. The phone costs 60000 BDT which is around $705. I managed $400 from the last two months' earnings and an additional $300 I have taken from my father in the condition that I will give him back monthly due as I run myself independently from the financial support from my family. This is the reason for withdrawing steem.
I have come home 22nd of last month which is to a village for vacation and will return to campus on the 7th of May. I am trying my best. I always express my deep gratitude towards you. Thank you so much.
@greenman hope you are doing good in life . I am representing as admin of the nftmc community. This community is dedicated towards the nft,art,craft lovers and we support their work. We know that you are also working for the betterment of the steemit community.
You are a big whale and holding huge amount of s.p, we wish and request you if you could support our community by small delegation of your s.p just for 3 month so that we can settle our community and bring more members will be thankful and gratitude towards you. Waiting for Positive reply. If you have any questions you can visit our discord server
Regards
NFTMC Team
The fed feeds printed QE to Blackrock to buy into the market to keep the asset prices higher in order to keep consumer confidence higher and delay recessions. Blackrock holds those assets on behalf of the fed and gets a fee (2%) on every dollar handled. The fed staff and chairman are picked and recommended by companies like Blackrock and Vanguard. These companies are not owned or controlled by the fed besides the assets under management. They certainly are influenced by the fed as much as they influence the fed. I don't really have a clue but these two companies are privately held corporations.
Thanks for clearing confusion😇
Hi. Greetings @greenman
The research document for the last week was "Common Ownership and Competition in the Ready-To-Eat Cereal Industry" published by Matthew Backus, Christopher Conlon, and Michael Sinkinson on the year January 11, 2021.
Here is the source link of the document:
https://chrisconlon.github.io/site/bcs_cereal.pdf
This document's google drive folder link:
https://drive.google.com/drive/folders/15BwFoG5-s_3INHQnYdupgHWR7J1pYBKL?usp=sharing
And our google drives all documents folder:
https://drive.google.com/drive/u/0/folders/1sk4kfCca9MsKIx-JYTUHzLVBCwrY__x_
This document is a bit larger than the previous documents and contains higher mathematical calculations and derivatives of the common ownership hypothesis. It also shows the potential magnitude of common ownership whose effects would be large, this test finds that standard own-firm profit maximization is more consistent with the data.
The hypothesis says that firms are increasingly owned by overlapping shareholders, and the best way to maximize the value of shareholders’ entire portfolios might be for firms to unilaterally relax competition in product markets.
The document contains and shows how to evaluate the common ownership hypothesis in a conduct testing approach, but our framework is quite general and it can be used to test other models or hypotheses that predict equilibrium markups.