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Stock buy backs lead to higher market concentrations. That’s the biggest economic impact of the past 5-7 years from cheap money afforded to large AND profitable
by bitxbit 7y ago
Stock buy backs lead to higher market concentrations. That’s the biggest economic impact of the past 5-7 years from cheap money afforded to large AND profitable corporations.
- kgwgk 7y ago> Stock buy backs lead to higher market concentrations. Compared to what? If Apple, for example, had not spent billions in buybacks and had done something else with that money its market cap would be higher today so the market would be more concentrated.