3 ms·
> If a company is able to print unlimited cash, they can use the revenue on unlimited ill-advised acquisitions, and do unbounded damage to the economy. At some
by caseysoftware 5y ago
> If a company is able to print unlimited cash, they can use the revenue on unlimited ill-advised acquisitions, and do unbounded damage to the economy.
At some point, they're still bound by what lenders will give them or how much investors will buy their stock for.
But apply the same to a government that can print unlimited cash..
(We may quibble over "unlimited" but it has been US Fed policy for decades and appears to be accelerating now.)