Take a look at this news item below : An engineer friend of mine this morning forwarded it to me and exclaimed in confounded astonishment! “This is very difficult to comprehend! A food delivery company which went public only a year ago is valued more than ONGC!!” It astonished me too but I was notContinue reading “Why is the Zomato Company’s delivery-man more valuable than the giant ONGC’s expert engineer?”
Tag Archives: window-dressing
America’s single Trillion $ Platinum Coin is its Silver Bullet: Debt deals the kiss of death to Money
Analytical report Axios .com October 3rd 2021 An increasingly vocal chorus of commentators is saying that the U.S. Treasury should #MintTheCoin — issue a small platinum token, give it a face value of $1 trillion, and deposit it at the Federal Reserve. Why it matters: The gambit, if successful, would prevent the potentially catastrophic debt defaultContinue reading “America’s single Trillion $ Platinum Coin is its Silver Bullet: Debt deals the kiss of death to Money”
Creative Accounting that helps Central Banks of the world (starting with US Fed) window-dress Balance-Sheets with their “Stimulus Funding”
The chart below explains it all! Sudarshan Madabushi