Re:Apple's cash hoard swells to $246B
by lisper on Saturday April 15, 2017 @03:33PM
(#14122415)
That is far from clear. $250B is 7% of the current M1 money supply. Putting it back in circulation could cause significant inflation.
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In 2004 it was estimated the tax holiday brought back $300B, and I would expect it to be a bit higher this time. But there was no burst of inflation in 2004 so I wouldn't expect one this time either.
So why not just print $300b? If adding $300b to the economy didn't cause inflation, why not do it again?
Given every citizen $1k like in the futurama episode. Or use it to fund meals on wheels for a century.
But those $300b weren't sitting there idle, they were already in the economy in the first place. They don't have to be in the US to be loaned/invested in US companies.