Why I believe the state should be as neutered as possible when it comes to the economy. Or just not exist at all.
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Has absolutely nothing to do with your English, lmao.
Once again the point sails well over your head.
Posts a video by Jeff Epstein (whoever the fuck that is) as if he’s an expert. Laughs when presented with Milton Friedman and once again does not watch the video because you’re a hypocrite.
Never change, Zep.
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Why should anyone respect you? You haven’t provided a single argument for the position you’ve taken in this entire thread. You just post videos or articles you didn’t film or write and then say things like:
and on and on.
Can you point to a single post where you define MMT and defend it’s supposed merits in this thread? We’re on post 811 for fuck sake.
I don’t believe you even understand the initial video.
It’s
Not
“easier money”
For
The
Corporation.
Buybacks
Cost
Money.
They are a strategy used to improve certain metric (the P/E ratio for example) to hopefully improve EPS. If done incorrectly, it can create a cash flow issue.
Again, you have no idea what you’re talking about.
Even just taking Principles of Accounting would enlighten you as to why this is a dumb question.
Explain how stock buybacks drive profit.
I can’t fucking wait for this.
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You haven’t done too shabby throwing stones yourself.
I find it a challenge to find a post by you that you paid respect to another.
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I didn’t even need that to recognize it as dumb question. Just a basic understanding of addition and subtraction.
Ans when corporations buy the system that is freedom?
And who says this?
Bwahahaha…You keep telling yourself that.
Any roof or should I just beleive you because you said it.
But you and just about everyone on this forum approves of the system that created this garbage.
Sure, at the end of the day it is essentially just a math problem. However, it’s really a dumb question because the purpose of a buyback or a new facility is entirely different and it will ultimately depend on the details and how you choose to analyze the circumstances.
He asked the question as if the answer is obvious, but it’s not. What’s the opportunity cost of a buyback vs a new production facility? What’s the breakeven on the new facility? What tax incentives are the city, state, and/or municipality offering to build in the location selected. How will the reduction in cash flow affect day-to-day operations? How many more employee will need to be hired to work in the facility (higher costs).
Dude thinks a bunch of old men light cigars while sitting in a dark room like it’s Mad Men or something. The fact of the matter is that a decision to buyback shares or build a new facility will involved numerous analyses, hundreds of phone calls and emails, and dozens of meetings.
A better system doesn’t currently exist. You have certainly not named one.
A system created human greed? That’s a strong stance to take
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I will taken competing corporations buying influence in the name of profit over politicians making decisions based solely on the pursuit of power 100% of the time.
This is a primary principle of MMT…
Holy shit.
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See your equally stupid economics education thread from last fall - you quite literally called me and the people who use the products i work on (i.e. the US military) terrorists. And that’s not even the first attack you made.
Go fuck your “holier than though” self.
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Which MMT economist says that you can print money to infinity?
Just goes to show that you don’t pay attention at all/know what the fuck you are talking about as usual.
Wholly shit!
Yes. A system called capitalism. A system that has created such a wide economic disparity. But whatever you do, don’t try and make it better.
Have I attacked/name calling before it happened to me first?