Modern Monetary Theory: A Primer

[castoli711]

@usmccds423

Explain how stock buybacks drive profit.

Buybacks pump up the stock price so that shareholders and the CEO’s compensation pay will rise. More money for the few.

@usmccds423

Even just taking Principles of Accounting would enlighten you as to why this is a dumb question.

Yes a question, you don’t want to answer. Obviously opening up a new facility.

[castoli711]

@Bauber

Why I believe the state should be as neutered as possible when it comes to the economy.

And back in the real world…

[castoli711]

@NickViar

Yes. That’s why we need complete separation of economy and state.

Keep reaming tad.

@NickViar

I don’t care anything about private industry itself; I care about freedom, so I believe everything should be private.

And what should we say about a system that consistent fails in this regard?

[usmccds423]

@castoli711

Buybacks pump up the stock price so that shareholders and the CEO’s compensation pay will rise. More money for the few.

Do you know what profit even is?

[cyclonengineer]

Must be nice to be this damn dense and not recognize innate human nature.

Show me anywhere in the world where greed doesn’t play a major role…

[usmccds423]

@castoli711

Which MMT economist says that you can print money to infinity?

One of the main principles of MMT is that a country can print/spend indefinitely as long as production isn’t maximized. An entire discuss was had about it like 500 posts ago.

Holy
Fucking
Shit

@castoli711

Just goes to show that you don’t pay attention at all/know what the fuck you are talking about as usual.

You literally just posted this and you have the audacity to say I don’t know what I’m talking about:

Amazing.

For your information, not that it will matter, but buybacks do not increase or decrease profitability.

[usmccds423]

@castoli711

Yes a question, you don’t want to answer. Obviously opening up a new facility.

Do you think companies open new production facilities, ie increase productivity, to not make a profit? What if the buyback occurs at a higher stock price than they received during their offering?

[usmccds423]

@castoli711

Yes. A system called capitalism. A system that has pulled more people out of poverty than any system before it.

Good point

[Bauber]

@castoli711

And back in the real world…

Oh that is how it is also in the real world for those with money.

I just prefer the people with the monopoly on state sponsored violence to not ultimately be in charge.

[castoli711]

I called people terrorists? Where.

[castoli711]

@usmccds423

profit

And what comes with that profit? More power. And what is done with that power? Rig the system for more power/money.
But it’s good to know that you have a cartoon version of he system. I guess this is how you live with this garbage. Great coping mechanism.

[RT_Nomad]

@castoli711

Have I attacked/name calling before it happened to me first?

You did exactly that to me.

[cyclonengineer]

Economic Education: Get Some!

Yes. How many innocent people have died as a result of the aircraft you’ve worked on? 'How many countries have the U.S. invaded in the last couple of decades? How many countries are the U.S. or it’s proxies waging war in? Yes, so the U.S. is bad. Actually quite terrible. How do you know this is my sole source of income? What ethical consumption is left in this country? A system where the public is in control, not the corporations or billionaire class. Which is what we have now, an oligarc…

Literally in this post you called US military terrorists (if you care to read a few posts above it).

Go Fuck Yourself

[usmccds423]

@castoli711

And what comes with that profit?

Just say you don’t know what profit is. I already know you don’t. Why fight it?

@castoli711

And what is done with that power? Rig the system for more power/money.

Has literally zero to do with the question:

@castoli711

But it’s good to know that you have a cartoon version of he system. I guess this is how you live with this garbage. Great coping mechanism.

Sure boss…

[cyclonengineer]

He lives in an alternate dimension…
How much recall should we really expect?

[usmccds423]

Zero. That is Zep’s MO.

[castoli711]

Like when you consistently refer to me as pencil neck.

[castoli711]

@usmccds423

Do you know what profit even is?

So when shareholders make more money via the stock price, you call that something else? When a CEO makes more money because of the stock buyback that is not profit for them? Split hairs if you like but the end result is the same. Mo money and consequently more power to buy off(bribe) politicians.

[RT_Nomad]

@castoli711

you consistently refer to me as pencil neck.

That was after you attacked me.
And don’t try dropping the Recluse label, Pencil Neck Recluse.

[usmccds423]

@castoli711

So when shareholders make more money via the stock price, you call that something else?

Uh, ya… Lmao

It’s called an unrealized or realized capital gain.

I want you to know I am legitimately laughing right now.

@castoli711

When a CEO makes more money because of the stock buyback that is not profit for them?

No, it’s not and this is why these “conversations” are pointless. You are clueless.

@castoli711

Split hairs if you like

It’s not splitting hairs. It’s the difference between understand what’s being discussed and being ignorant. If you don’t understand an incredibly basic concept like profit talking about entire economic systems is a complete waste of time as evidenced by this thread.

You said:

@castoli711

Whatever costs less and is easier producing profits is what will be followed.

About a company deciding whether to buyback stock or open a new facility and then, in typical Zep fashion, try to pivot to CEO compensation or stock owner gains.

They are entirely different things and you’d know that if you read more books instead of posting YouTube videos on PWI.