If you don't want "stock buybacks", do not print money.
The Federal Reserve prints money(Qualitative Easings) for big companies and Governments, and of course companies buy their own stock with their cheap money. Government buy back their own bonds.
Basically they are taking wealth from little savers and giving it to big Government and big companies, in one of the biggest transfer of wealth ever, making the people at the top 1% have a bigger and bigger share of the wealth.
It is not a problem of big companies,but a problem of the Government distortion of the financial world for their benefit(because they are basically broke).
The "lending of last resort" has become the first and normal way of financing for them.
Of course, there are always people that believe, like this man, that the solution is always Central Planning, more Government and more taxes.
QE isn't "money printing for big companies and Governments" and stock buybacks are just another way to return capital to shareholders.
How is it that so many articles devolve into the criticism of banks? Why do people bother commenting on subjects they know little about (and in this case are only tangentially related to the article)?
The Federal Reserve prints money(Qualitative Easings) for big companies and Governments, and of course companies buy their own stock with their cheap money. Government buy back their own bonds.
Basically they are taking wealth from little savers and giving it to big Government and big companies, in one of the biggest transfer of wealth ever, making the people at the top 1% have a bigger and bigger share of the wealth.
It is not a problem of big companies,but a problem of the Government distortion of the financial world for their benefit(because they are basically broke).
The "lending of last resort" has become the first and normal way of financing for them.
Of course, there are always people that believe, like this man, that the solution is always Central Planning, more Government and more taxes.