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A comment on Google has added ads on both its search page and Chrome://newtab. Parent comment
Issuing debt to buy back shares is a strategy that works great when interest rates are very very low.
But when the money supply is scarce, only so much leverage can exist, so issuing debt to buy shares would be far far riskier.
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Issuing debt to buy back shares is a strategy that works great when interest rates are very very low.
But when the money supply is scarce, only so much leverage can exist, so issuing debt to buy shares would be far far riskier.