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A comment on IRS Files $44B Claims Against Bankrupt FTX. Parent comment

Re:IRS Files $44B Claims Against Bankrupt FTX by JumpCrisscross on Thursday May 11, 2023 @03:33PM (#35907271)
> I’m really amazed you thought that 7% yield from savings at a time of 0% interest rates was anything other than a fabrication

Necessarily risky. Not necessarily fabrication. Between those two there is room for both productive gains and delusional optimism.

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Re:IRS Files $44B Claims Against Bankrupt FTX by mrguyorama on Thursday May 11, 2023 @03:39PM (#35907364)
Risk to return is non-linear, and at a system with a floor of 0%, 7% is an insane claim. Granted, this requires a reasonable amount of financial literacy, and plenty of people think they have that but don't.
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Re:IRS Files $44B Claims Against Bankrupt FTX by maccard on Thursday May 11, 2023 @03:50PM (#35907528)
> at a system with a floor of 0%,

There's not a floor of 0%. Negative returns exist.

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Re:IRS Files $44B Claims Against Bankrupt FTX by TheOtherHobbes on Thursday May 11, 2023 @04:34PM (#35908022)
But are rarely promoted as an investor benefit.
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