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Comment by lesam | Hacker News Reader
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lesam
·
Who pays for security for the room with the dollars?
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bergenty
·
Okay buy US government bonds with them. What else am I not seeing?
kortilla
·
Now you have a drawdown and bond prices have declined because interest rates increased. Whoopsie, you’re fucked.
bergenty
·
I was referring to fixed rate bonds. Alternatively charge 1% on each transaction for security.
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