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REPOS

Posted by Richard640 @ 23:37 on January 10, 2020  
      • phathalo 
        Jan 10, 2020 at 7:51 pm

        Or to give a silly example: it’s like every morning I go to an ATM, withdraw all of the money in checking account ($1000) and redeposit it back at the branch in the afternoon.
        In a year, I have “deposited” $260,000 (260 business days +/- fees/interest) but that would be meaningless as I didn’t count the withdrawals and my account balance would still only show ~ $1,000

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Post by the Golden Rule. Oasis not responsible for content/accuracy of posts. DYODD.