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A comment on Companies Use Borrowed Billions to Buy Back Stock, Not to Invest. Parent comment

Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by WalterBright on Saturday August 10, 2019 @09:17PM (#20665589)
Your savings go into a bank, which loans it out to people who spend it.
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Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by spiralx on Monday August 12, 2019 @09:47AM (#20675332)
Banks don't loan out deposits, their ability to make loans isn't dependent upon savings:

https://www.bankofengland.co.uk/-/media/boe/files/quarterly-...

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Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by JCharante on Sunday August 11, 2019 @03:15AM (#20666831)
people like his employees who get a loan to pay for their new car.
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Re:Companies Use Borrowed Billions to Buy Back Stock, Not to... by WalterBright on Sunday August 11, 2019 @03:43AM (#20666924)
Yes. Nobody borrows money and sits on the cash, they take loans to spend it.

In fact, due to fractional reserve banking, a multiple of the amount put into a savings account is loaned out and spent!

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