Total global QE is $12.3T.
U.S. stock buybacks alone could be about $5.3T--or an order of magnitude more than global VC investment.
Stock buybacks are just tax-optimized dividends.
I haven't used teams, but it's pretty great compared to say, Skype for Business, for instance.
Money is created only via debt, not by bank to bank lending, and not by printing.
Also, money is actually becoming cheaper (10 year yield is at its lowest) and we are probably entering a negative yield regime.
The underlying root cause is technology and demographic. I.e. the "glut" is due to low demand and not due to high supply. This is one of the reason that you see this big valuations.
It was aided in low education investors who are able to invest easier than ever.
I see technology as useful, but there are many companies that have not found a path to profit. this doesn't work.
The money glut printed since 2008 has mostly not gone into new productive capacity, it has gone into a lot of software-related hooey like Slack, WeWork, Uber, and various new social networks. I don't even think these have improved the target sectors that much, far less have they been worth the labour and other resources put into them.
It feels like another Fiscal Crisis is coming.