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Re: Donotunderstand post# 777636

Wednesday, 12/13/2023 8:07:14 PM

Wednesday, December 13, 2023 8:07:14 PM

Post# of 796543
When JPS were issued, 32B of cash flowed into the balance sheet.
32B in liabilities recorded and 32B in cash recorded. Net neutral event.

Unfortunately NWS swept all of the 32B in cash into treasury coffers.
32B in cash is now gone but the 32B in liabilities remain. Net negative event.