If $1 today is worth more than $1 tomorrow, than one would assume $1 today is worth more than a dollar two weeks from now. Every employee seems to be providing their employer with a 0% loan in exchange for their labor. I am genuinely curious…I understand WHY employers do it, my question is HOW are they able to? The Secured Overnight Financing Rate is currently at 3.08%.
If $1 today is worth more than $1 tomorrow, than one would assume $1 today is worth more than a dollar two weeks from now.
Every employee seems to be providing their employer with a 0% loan in exchange for their labor.
I am genuinely curious…I understand WHY employers do it, my question is HOW are they able to? The Secured Overnight Financing Rate is currently at 3.08%.