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The problem with that logic is that Apple doesn't just put its money in a corporate savings account they invest it (a savings account of any kind would be finan
by SamAtt 17y ago
The problem with that logic is that Apple doesn't just put its money in a corporate savings account they invest it (a savings account of any kind would be financial malpractice on the part of the CFO). When you hear about how much money Apple has that isn't their bank balance its their easily liquidated assets (a.k.a. assets that can be turned into cash quickly)
Those investments are split into groups depending on their levels of risk but just about every cent gets pumped into the economy in some way. Whether its CDs which guarantee the bank funding so they can give loans or investing in companies which employ people. One way or another that money is active in some way.
Companies have CFOs in order to get the best return on their assets and that requires investment (and investment is what fuels an economy)