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by paulgb
1474 days ago
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I don’t think that contradicts OP’s point, though? If you buy in you’re someone else’s yield. The mechanism for that transfer is that your investment depreciates faster than the yield, while the other person is able to liquidate and you’re not. |
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I don't quite follow your logic. Assuming withdraws weren't paused like they are now you would still be able to liquidate your position.