gruez 2 months ago

>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

2
marcosdumay 2 months ago

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

jakeinspace 2 months ago

$44 billion