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gruezyesterday at 2:27 PM2 repliesview on HN

>People making tens of billions by applying formulas to spreadsheets and shuffling other people’s money around doesn’t sit right with most people.

The federal government will pay you $4.4 billion a year[1] if you lend them a trillion dollars, no "shuffling money around" required.

[1] current 5-year treasury yields


Replies

marcosdumayyesterday at 3:43 PM

Those people are not collecting the profits by moving their own money around.

jakeinspacetoday at 2:57 AM

$44 billion