Schedule SCAM-3 · Side by side, for your convenience
Projected yield
On the left, the paper institutions park overnight. On the right, the note we built for people who have already parked and would like a parade.
| T-bill (SGOV) | SCAM note | |
|---|---|---|
| Stated yield | about 3.5% | 4,127% |
| What you own | 0–3 month bills | the rest of the story |
| Duration | a tenth of a year | a chapter of your life |
| Excitement | discouraged | encouraged |
| Backed by | the usual people | this website |
| If it goes down | it generally doesn’t | buy the dip, we insist |
Left column, more or less: iShares SGOV. The tracker on-chain: Robinhood Chain. Right column: Bureau research, updated whenever it looks better.
A T-bill does not make you interesting at dinner. A T-bill quoted against a 4,127 percent household note might. That is the whole argument, and we have printed it in a table so it feels like finance.