If they could earn 5% risk free rate on these balances that would give them about another $60B to spend or distribute annual.
Preliminary Q1,'16 shows a new cash & equivalent record for the S&P 500 Industrial (old) at $1.34 trillion, up fr record Q4,’14, at $1.33T
— Howard Silverblatt (@hsilverb) May 31, 2016
1 comment:
Wait...I thought the deficit was too small?
Mosler on his website saying the same thing for three years straight now...the data was strong, but don't worry, it will be revised down. #zerocred
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