Using 1.5% money to pump stocks in companies that really don't produce anything. Maintain a spread between the fed preferred borrowing rate and speculative stock value, and life is good.
Now once the money rates rise to a level that your public relations department of stockholder equity can no longer sustain.......it's fate Fatale.
14 posted on 03/12/2023 1:44:44 PM PDT by blackdog
((Z28.310) Forget "Global Warming", new grants are for "Galaxy Dimming")