https://theleahfiles.substack.com/p/the-currency-killer-part...
Did you know Tether (cryptocurrency company) is in the top 20 USD treasury holders, more than most countries?
And Lutnick is the manager of those funds, or his sons are, silly mistake because he divested completely.
When one hears 2-6%, it is just the floor.
You send aid to a drought-stricken farmer to some sub-saharan region with ample cheap data but no (stable) banks, how...are they supposed to store the money?
> We estimate an implied leakage ...
So the estimation became almost a fact in the title? What's the equivalent of clickbait in papers?
The rest of that sentence:
> ... of 2 to 6 cents per aid dollar, which amounts to roughly 1.7 to 4.4 billion dollars of aid diversion across the tranche arrivals we study.
This isn't a clickbait in the paper, but by the submitter.