Every story and comment from the Hacker News API, in a layout borrowed from 2001.
A comment on Analysis finds Australia’s inflation being driven by company profits, not wages. Parent comment
No, they're spent on stock buybacks to enrich shareholders, instead of invested back into their workforce or expanding capacity:
https://www.youtube.com/watch?v=udITRL9-t08
I don't know why people keep believing in this myth, this reinvestment only happens when there's sufficient competition and no coordination, which is not the world we live in.
There are no comments on this comment yet.
No, they're spent on stock buybacks to enrich shareholders, instead of invested back into their workforce or expanding capacity:
https://www.youtube.com/watch?v=udITRL9-t08
I don't know why people keep believing in this myth, this reinvestment only happens when there's sufficient competition and no coordination, which is not the world we live in.