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The Greatest Ever Bubble Finance Scam—$4 Trillion Of Corporate Buybacks Account For 100% Of Net Stock Purchases Since 2008

Summary:
As John Authers recently pointed out, “For much of the last decade, companies buying their own shares have accounted for all net purchases. The total amount of stock bought back by companies since the 2008 crisis even exceeds the Federal Reserve’s spending on buying bonds over the same period as part of quantitative easing. Both pushed up asset prices.” Let me rephrase that: there have been essentially no other buyers of equities over the past decade besides the companies themselves and they’ve spent over trillion at it, even as liquidity has fallen to record lows.

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As John Authers recently pointed out, “For much of the last decade, companies buying their own shares have accounted for all net purchases. The total amount of stock bought back by companies since the 2008 crisis even exceeds the Federal Reserve’s spending on buying bonds over the same period as part of quantitative easing. Both pushed up asset prices.” Let me rephrase that: there have been essentially no other buyers of equities over the past decade besides the companies themselves and they’ve spent over $4 trillion at it, even as liquidity has fallen to record lows.

https://thefelderreport.com/2019/02/07/if-this-isnt-stock-manipulation-i-dont-know-what-is/?utm_source=Subscribers&utm_campaign=727753a420-EMAIL_CAMPAIGN_2019_02_07_06_35&utm_medium=email&utm_term=0_efe2de2024-727753a420-103122025&mc_cid=727753a420&mc_eid=816c91757e

David Stockman
David Alan Stockman (born November 10, 1946) is a former businessman and U.S. politician who served as a Republican U.S. Representative from the state of Michigan (1977–1981) and as the Director of the Office of Management and Budget (1981–1985) under President Ronald Reagan.

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