Of Interest

Welcome to the New Math that state and local governments are using with opioid settlement funds. They sit on the funds and let them earn a lot of interest, then deem the interest separate from the settlement funds and spend them however they see fit! As someone who works in the addiction space, which includes gambling, I wonder if one of the predictive market companies has created a “commodity contract” (otherwise known as a gambling opportunity by those of us with good BS meters) on whether governments would try to steal the interest earned on settlement funds!