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This article is inane. The authors have no understanding of what it means to have large amounts of money. Where else should companies store their billions of
by steven2012 13y ago
This article is inane. The authors have no understanding of what it means to have large amounts of money.
Where else should companies store their billions of dollars in cash? You can't just store money in a bank, because that bank could go belly up, meaning there is a certain amount of risk. Having money in US treasuries is essentially the lowest risk you can get, and they are extremely liquid.