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Imma call this optoeconomics. Proposals crafted to achieve a certain zeroth order optics. An appearance of equity and accountability that will get shredded by Goodhart’s law. Manage injection point (top or bottom) don’t get too clever with the mechanics.
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96% of airline profits over the last decade went to buying up their own stocks to juice the price - not raising wages or other investments. If there is so much as a DIME of corporate bailout money in the next relief package, it should include a reinstated ban on stock buybacks.
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You could be right. But how do we avoid the perception of bungs for millionaires and billionaires while the poor and vulnerable suffer worldwide and bodies pile up in morgues? 2008 was a heist and a racket. I'm broadly on board with anything that helps avoid a repeat.
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