News for hackers. Stuff that matters.

A comment on Stock buybacks are dangerous for the economy. Parent comment

Re:Stock buybacks are dangerous for the economy by Reelin on Tuesday March 17, 2020 @05:00PM (#22610364)
I'm frequently an opponent of (what I see as excessive) regulation, but in this case - would you really want to fly in a low barrier to entry situation? The vast majority of the barriers here seem to be related to ensuring safety.
[ Parent | on HN ]
Re:Stock buybacks are dangerous for the economy by dlp211 on Tuesday March 17, 2020 @05:10PM (#22610474)
The barrier to entry is the massive amount of capital to enter the market. If I can buy an airliner for pennies on the dollar, it does not mean that I have to be against or ignore safety regulations. The cost of safety regulations is minor compared to the cost of airplanes, pilots, airport fees and other infrastructure costs.
[ Parent | on HN ]