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Divine Intelligence, etc
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How to Use Money Market Funds for Cash Money Market Equivalents
I agree with your objection of using US Treasuries for cash money market equivalent. There may come a time when that even becomes dangerous, but we're not quite there probably. So what I would use is either broker accounts, FDIC deposit, so broker deposits or short term commercial paper of very high quality. But I would want something that was highly liquid and you know, those are basically your choices.
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