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Comment by jjeaff

Returns are no longer the actual goal. The actual goal is the perception of far reaching future returns. The perception of those returns is much more valuable than the actual returns. Because the wealthy don't want profits and dividends that get taxed. They want ever increasing stock prices so they can continuously grow their asset base to borrow against so they can never sell said assets this triggering capital gains taxes.
parent jjeaff 1 year ago

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