semi_cityplan

3 ms·

1. 1.▲
   by semi_cityplan 4y ago

   Four questions - where does a bank store cash? What is the IORB and what are its underlying assumptions? What is the overhead cost in banking? What is the cost of ACH and a wire? I don’t contend you can just have money sit there. I also don
2. 2.▲
   by semi_cityplan 4y ago

   Deposits aren’t free. We will use round numbers. If I take $100B in deposits and pay .5% interest, that’s an expense of $500M per year and including overhead even when rates were 0, deposits at a bank cost more than 0.5%. So I need to lend
3. 3.▲
   Ask HN: How to protect my data at work

   1 points by semi_cityplan 4y ago|0 comments
4. 4.▲
   Ask HN: What is the residual value of a foundry

   1 points by semi_cityplan 5y ago|0 comments