Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

>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



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


$44 billion




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: