Three levels

There is the level of total abstraction.

Where people bet half way through the race.

Where because Black and Schloes said it could be factored

The backers dismissed cautious detractors.

There is the second level of total actuary

So because an invoice has been raised, something must be spent.

The see saw of profit and loss must be balanced.

Nevermind that that invoice hasn’t been paid.

That the figures are mostly academic.

Then there is two apples plus two pears equals four pieces of fruit.

Less fruitless.

Less figures on a screen and something you really can have with ice cream.