Oddbean new post about | logout
 LOL where does the yield come from? 
 Money markets..  
 Where do money markets get the yield from? 
 Interest on the loans 
 Usually sovereign or investment grade bonds. The issues risks losses on capital but takes a cut from the interest.  
 DOGE pop dodoo 
 Maybe a basket of doge and tesla debt that will be paid back once the charging stations network and robotaxis that will never happen go live