npr:

JPMorgan Chase says it lost billions of dollars trading “synthetic derivatives.” Do these complex Wall Street transactions ever do anything to help average people? To answer that question, we consider the case of an imaginary company, Chickens LLC, that’s looking to grow.

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    Read this three times, as I did, and

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    ふむふむ

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32. nyfit said: Thank you so much for this!
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40. charliehigher said: ingenious title and analysis. really helps me visualize the situation. thank you!
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