Legit_Spaghetti on Nostr: npub19euh7…sq59f Stifles creativity, innovation, and reinvestment. That makes ...
npub19euh753dqwg8krjmj4qrl6hgwklu4cs7vrscvcgn4w30h6u9t88sxsq59f (npub19eu…q59f) Stifles creativity, innovation, and reinvestment. That makes corporate tax cuts even worse for the overall economy. Also makes corporate balance sheets more wobbly. Reduces capital spending and inflates stock prices. Worsens income inequality.
Really the only people who benefit from buybacks are the C-suite; everyone else gets fucked over.
Really the only people who benefit from buybacks are the C-suite; everyone else gets fucked over.