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How can a business fail if by definition its sitting on piles of cash? We live in a centrally controlled command economy and all the politicians in charge of s
by VLM 10y ago
How can a business fail if by definition its sitting on piles of cash? We live in a centrally controlled command economy and all the politicians in charge of selecting winners and losers (except one widely hated guy at the top) were purchased by those very same businesses, so why are you proposing that mutually beneficial system break down?
What would work would be a nice infusion of inflation. You can spend $X today on Y of labor or Z of capex, or hoard it until next year when the same $X will only buy (0.95)Y of labor or (0.95)Y of capex "stuff", your choice how much "stuff" you want to get for your $X
- AJ007 10y agoBusinesses may be sitting on trillions of dollars of assets, but they also have trillions of dollars of liabilities. Outside of tech, at least in the US, most industries have fairly ugly balance sheets. Inflation is another debate. Traditionally wages rise later rather than sooner in that environment.
- deleted 10y ago[deleted]