
Apple's $90 Billion Buyback and Borrowing
Bloomberg Businessweek
00:00
The Fed Wants to Slow Down Inflation
Big banks don't want to face consumers. The federal government, the Home Loan Banks, for example, don't deal with non-banks. This tighter credit is precisely what the Fed wants to do to slow down inflation. Meanwhile, on the good side, we've been making as much stuff as we can. We're going to end up with big fat inventories at the end of the year in the form of much cheaper V8 engines for you.
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