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If a few companies do this it is probably fine, but more interesting if most companies do this. It seems that it would be akin to a self inflicted depression wi
by osigurdson 1y ago
If a few companies do this it is probably fine, but more interesting if most companies do this. It seems that it would be akin to a self inflicted depression with severe deflation.
- toomuchtodo 1y agoFrom your lips to Blackrock's ears.
- osigurdson 1y agoI'm sorry, I don't understand.
- toomuchtodo 1y agohttps://en.wikipedia.org/wiki/BlackRock https://en.wikipedia.org/wiki/BlackRock They are the world’s largest asset manager. So goes the economy, so goes the economic outcome of their clients.
- osigurdson 1y agoYes, of course familiar with BlackRock. People say they own everything, but they really just have ETFs. The biggest problem is the fact that they seem to have voting rights on the stocks that they purchase on behalf of their clients - it should not work like this.