Re:Stock buybacks are dangerous for the economy
by QuesnayJr on Tuesday March 17, 2020 @04:43PM
(#22610168)
If the government printed billions of dollars to buy bananas, it would show up in prices all around the economy as the money circulated.
At full employment -- which we were at up until a week ago -- the only thing flooding the market with money can do is cause inflation. We didn't have an inflation, and interest rates were still incredibly low.
At full employment -- which we were at up until a week ago -- the only thing flooding the market with money can do is cause inflation. We didn't have an inflation, and interest rates were still incredibly low.