lemmyman

u/lemmyman@lemmy.world
4 posts · 663 comments

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Higher, otherwise it will take forever to fill your tires.

I have trailer tires that need 60 psi, so I set my regulator to 100 psi. That works just fine for my 30 psi car tires too. Just fill for a few seconds at a time, then disconnect from the tire and check pressure with a gage, repeat until target is reached.

I guess I'm trying to understand the mechanics of it. Where do these things show up on financial statements. Admittedly I haven't dug into it past trying to comprehend a few articles. I just wish the articles covering this laid it out in those terms rather than using ambiguous words like "pledge"

I have read many descriptions of these "loops" and I still don't get it. The articles use words like "pledge" and "collateralize" that have nebulous meanings.

I get accounting on a basic level. I took managerial accounting in college and I am the bookkeeper and tax accountant for my one-person business. But I don't get this, despite some moderate attempt.

Also over the years I've found that things I can't understand after a little effort are certainly out of the reach of lawmakers, who barely care about facts at all in the face of all the political pressure they are under.

So I don't get it, but it sounds skeezy as fuck to me, and we're all fucked.