Re:Reasons Why Job Seekers Are Not Given Feedback
by 1123581321 on Friday December 20, 2019 @07:44PM
(#21848724)
Investors who sell to a buyback deploy the money elsewhere, including new issues and private investment, which leads to hiring.
There are too few jobs now. Paul Krugman called it a "savings glut". There are no opportunities to invest the cash you are holding productively, consequently interest rates are low and the best thing you can do is buy back your own stock.