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by osigurdson 274 days 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.
1 comments

From your lips to Blackrock's ears.
I'm sorry, I don't understand.
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.

Yes, 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.