Saturday, March 5, 2016

“American corporations are sitting on trillions on cash stashed away abroad” Cash? Really?

How many times do we not read about it?

Do you really believe corporations are sitting on massive stashes of cash?

Is not all that money already invested one way or another in the real economy... perhaps even in US treasuries?

Yes, if that money returns to the US, the government would receive some additional tax revenues.

But, would that guarantee any fundamental difference in the real economy?