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I disagree that they are distinct issues. Ultra low interest rates inflating their market cap gives them access to capital and in turn power to lobby for favora

• bildung 6y ago
  Of course it all happens in the same economy, so the outcome of a can affect b. But if something develops into a problem for society, it should be acted on directly, which is possible for all the points at hand here: * If uber-profitable companies abuse their wealth for lobbying, then stop allowing these kinds of lobbying. The current system with PACs an Super PACs and so on is unique to the US, it essentially is a societal decision to have a system like that. * If FAANG companies are very profitable (see p/e ratios) but don't pay taxes, then fix tax law. * If money is cheap because there is no demand for it to invest into new businesses etc., then raise minimum wages and invest into infrastructure at federal and state level, to induce demand. Remember that low interest rates mean companies have no need to borrow money. This is a common misconception, but low interest rates are a consequence of the current economical climate, not its cause - if money were in demand interest rates wouldn't be so low, see https://en.wikipedia.org/wiki/Natural_rate_of_interest https://en.wikipedia.org/wiki/Natural_rate_of_interest ) * if employers employ illegal immigrants to do tax fraud, then enforce the tax law. The tax fraud part has nothing to do with the immigration, small business tax fraud works perfectly fine with exclusively Americans employed in the company.