Re:Stock buybacks are dangerous for the economy
by ssivark on Tuesday March 17, 2020 @08:50PM
(#22612435)
It’s kinda easy to see why inflation is limited to certain sectors — “trickle down” isn’t working! CPI rises only if the money reaches the hands of poor(er) consumers who spend all their money on essentials. But currently the money is being made available largely to large corporations (etc) who can borrow at low interest rates — and they’re choosing to spend on financial assets — which is where we note the “inflation”.
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Re:Stock buybacks are dangerous for the economy
by dpc_pw on Thursday March 19, 2020 @03:53PM
(#22630977)
Exactly. I have a blogpost about this https://dpc.pw/my-view-on-macroeconomy