News for hackers. Stuff that matters.

A comment on Where did the other dollar go, Jeff?. Parent comment

Re:Where did the other dollar go, Jeff? by cgb223 on Wednesday April 28, 2021 @04:42PM (#26973938)
This is a brilliant explanation of what a clearinghouse does

First time I’ve understood it intuitively

[ Parent | on HN ]
Re:Where did the other dollar go, Jeff? by zanybear on Wednesday April 28, 2021 @06:32PM (#26975093)
Interestingly, the scenario does not include transaction costs. In the general sense that is money that stays in the cycle (economy) ?
[ Parent | on HN ]