As a continuation of yesterdays buyback piece, we take a quick look at what a buyback does for the overall economy. Nothing. A buyback does not mean investing in a plant so that perhaps the US should build some of the things it needs, rather than a potential enemy like China. A buyback does not mean training or even hiring employees because of expanding markets. It means there is so much free cash that they cannot even dream up cool new things! So how does this help? Well, it helps the globalists make more money. As we have hinted at before many executives get paid bonuses upon the stock hitting certain prices. It seems reasonable for executives to get paid for increasing share value. The general population seems quite content on paying these people for gadgets and services instead of buying the stock. The company simply sells them stuff and the company buys’ the stock itself. Interesting. Is your tax relief or rebate going to go to buying a stock? Paying down your massive debt? Or towards a new gadget?