Re:Is the world economy entering a wage-price spiral?
by bryanrasmussen on Wednesday October 20, 2021 @03:28AM
(#28927799)
>Shareholders are going to continue to try to hold on to as much of that increase as possible for themselves.
I mean the small shareholders generally don't make much comment about anything, and certainly not about wage control at a company they invest in.
>Those profits aren't sitting in a big vault at Amazon. They are sitting in the bank accounts of every Amazon shareholder.
sure, if the company pays dividends quarterly or if the board doesn't make some other decision on what to do with the money, and of course until the dividends are paid it does sit in Amazon's accounts.
I mean the small shareholders generally don't make much comment about anything, and certainly not about wage control at a company they invest in.
>Those profits aren't sitting in a big vault at Amazon. They are sitting in the bank accounts of every Amazon shareholder.
sure, if the company pays dividends quarterly or if the board doesn't make some other decision on what to do with the money, and of course until the dividends are paid it does sit in Amazon's accounts.
on edit: I see nly made the same point with more technical observations https://news.ycombinator.com/item?id=28927742