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A comment on The ballooning money supply may be the key to unlocking inflation in the U.S.. Parent comment

Re:The ballooning money supply may be the key to unlocking i... by ric2b on Saturday October 17, 2020 @04:43PM (#24813185)
> Buying back shares lowers your denominator and magically increases EPS, which drives the price higher.

It also lowers your P, so the net effect should be 0, no?

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