3 ms·
Good discussion. Buybacks are also investments. The problem is that all the low interest printed money and tax breaks are circulating among the same people/fami
by NTDF9 7y ago
Good discussion. Buybacks are also investments. The problem is that all the low interest printed money and tax breaks are circulating among the same people/families that own assets in the first place.
The trickle down isn't happening because every single printed dollar and every single tax break is making more money circulate among the rich/asset owners.
That's also the reason yields are low. That's also the reason Softbank can raise so much. That's also the reason nurses and teachers and firefighters and factory workers aren't making enough. Whatever trickles down to them is spent back as income for corporations. They don't have assets.