Live data from Hacker News

Too much money and too few places to invest it

axios.com

1–10 of 104 posts

Re: Too much money and too few places to invest it

#3

Ironically the best thing they can do to create new investment opportunities is pay their workers more, but they never will because they are too short sighted.

If you pay your workers more you have less money for investment opportunities...

Re: Too much money and too few places to invest it

#4
post #3

Ironically the best thing they can do to create new investment opportunities is pay their workers more, but they never will because they are too short sighted.

If you pay your workers more you have less money for investment opportunities...

Your workers buy your cars.

Re: Too much money and too few places to invest it

#5
post #3

Earlier quoted context omitted.

If you pay your workers more you have less money for investment opportunities...

Your workers buy your cars.

This only works when everyone pays their workers more. It's in your benefit to defect.

And besides, it's just as likely that instead of your employees buying your cars, their landlord/medical insurer/kid's college will take whatever wage gains they make.

Re: Too much money and too few places to invest it

#6
post #3

Ironically the best thing they can do to create new investment opportunities is pay their workers more, but they never will because they are too short sighted.

If you pay your workers more you have less money for investment opportunities...

But you have more opportunities.

Re: Too much money and too few places to invest it

#7
> "How we got here:

    The Fed's quantitative easing program pushed the cost of borrowing money to next to nothing for nearly a decade, allowing companies to splurge on debt for mergers and acquisitions and to boost revenue."
Put another way, the Fed made the rich richer, and the lack of significant "trickle down" has created a socio-political Charlie Foxtrot; of which the Fed is not accountable for.

Re: Too much money and too few places to invest it

#8
post #3

Ironically the best thing they can do to create new investment opportunities is pay their workers more, but they never will because they are too short sighted.

If you pay your workers more you have less money for investment opportunities...

This is a reason why increasing the minimum wage or providing health coverage for low-wage workers is a great way to improve everyone's situation. Sure, Walmart has to pay their workers more, but every low-wage worker who works for someone other than Walmart suddenly has a lot more money to spend... at Walmart. On net, companies like Walmart will benefit far more than they lose. But they aren't willing to unilaterally increase wages and benefits, reasonably enough. That's why you do it across the board.

Re: Too much money and too few places to invest it

#9
post #5

Earlier quoted context omitted.

Your workers buy your cars.

This only works when everyone pays their workers more. It's in your benefit to defect. And besides, it's just as likely that instead of your employees buying your cars, their landlord/medical insurer/kid's college will take whatever wage gains they make.

This is why there's a minimum wage.

Re: Too much money and too few places to invest it

#10
post #5

Earlier quoted context omitted.

Your workers buy your cars.

This only works when everyone pays their workers more. It's in your benefit to defect. And besides, it's just as likely that instead of your employees buying your cars, their landlord/medical insurer/kid's college will take whatever wage gains they make.

Prisoners dilemma vs. velocity of money?
Post reply on HN