6 ms·
The philosophy being sound is worthless if the execution is flawed. As to investing look at page 35-36. It’s not literally just T-bills, but treasury holdings
by learc83 6y ago
The philosophy being sound is worthless if the execution is flawed.
As to investing look at page 35-36. It’s not literally just T-bills, but treasury holdings with very low interest rates compared to the kinds of investments private companies are allowed to make.
https://about.usps.com/who-we-are/financials/10k-reports/fy2018.pdf https://about.usps.com/who-we-are/financials/10k-reports/fy2...
- lotsofpulp 6y agoInteresting, I would like to see the reasoning for why its all just treasury holdings. I don't see anything in the law that would mandate it.