Average company was rated double or triple A for credit in the 70s

Reagan era policies and the credit boom ruined everything

Making average credit above junk with added leverages

Credit should ideally be abolished but sadly it cannot

For now.

Credit was fine

Until they decided to make buybacks legal again

Which meant pension money was just going to credit funds and shit

Central Bank time

All the money is used to artificially boost stock prices

A central public bank

They typically target certain areas of the economy

I wonder (((who))) does most of this

https://youtu.be/k9_bWbrYPKg

This a pretty good vid explaining the situation

@Asdrubal God I hate stocks

Why do they even exist, so that companies can get investments?

It's completely one sided towards the investor

Perpetual debt essentially

Evaluation of a company's value nowadays

Which is stupid

Before they were actually worth something

If a person gives a company $1000 the company should pay back $1000

Fuck paying back more than is given

@Maksim do you not believe in interest?

That money is being used for the benefit of the company

@The Desert Fox V No

Intrest is a sin

@Asdrubal It benefits the investor more than the company

It is essentially perpetual debt

Ok

And?

At a certain point the company is paying the investor more than he gave

Which is losing money

At all points*

But if the investment made the company profitable despite the interest it's still profitable

I absolutely despite the idea of interest

It is a plauge

"hm yes I will make money by giving other people money and then demanding back more than I gave because I am Jewish and also I contribute nothing to society myself"

What incentive is there for them to lend without interest tho?

I mean