Profits are much less important to you when you have the power of the printing press. As an individual you can just invest your capital into the stock market and your friends at the Fed will inflate your net worth with the power of the printing press. As a company you don’t need to worry about profit, because of your friends at the Fed you can borrow capital at 0% or even negative rates to buy back your stock to keep shareholders happy. There is no need for beneficial economic activity, consumers are overrated.
Profits are much less important to you when you have the power of the printing press. As an individual you can just invest your capital into the stock market and your friends at the Fed will inflate your net worth with the power of the printing press. As a company you don’t need to worry about profit, because of your friends at the Fed you can borrow capital at 0% or even negative rates to buy back your stock to keep shareholders happy. There is no need for beneficial economic activity, consumers are overrated.