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I suspect that most of the extra cash reported by people is stock, which was dependent on massive QE injected by the world's central banks and really low intere
by disgruntledphd2 4y ago
I suspect that most of the extra cash reported by people is stock, which was dependent on massive QE injected by the world's central banks and really low interest rates making future revenues more attractive.
- lotsofpulp 4y agoBeing able to give out $100k+ RSUs probably had something to do with record breaking profits and growth quarter after quarter for 10+ years. The government reducing the purchasing power of the currency is certainly needed for the nominal figures, but so are the stellar bottom lines relative to other businesses.
- disgruntledphd2 4y agoSure, but I don't think MAGMA really intended their 150k grants in 2012 to be worth 600k. This stock price inflation was definitely driven by super low interest rates, hence my point.