The Wall Street Journal’s Anna Hirtenstein reported last week that U.S. companies “are sitting on a record amount of cash.” According to the Journal reporter, the number is $6.84 trillion. To ...
A simple search on Google indicates that Warren Buffett’s Berkshire Hathaway has roughly $167 billion in cash or cash equivalents. That one of the world’s foremost investors has so much cash on hand ...
The scale and scope of government spending expansion in the last year are unprecedented. Because Uncle Sam doesn't have the money, lots of it went on the government's credit card. The deficit and debt ...
SUN VALLEY, IDAHO - JULY 14: Greg Abel, CEO of Berkshire Hathaway Energy, and Andrea Abel walk to a morning session at the Allen & Company Sun Valley Conference on July 14, 2023 in Sun Valley, Idaho.
The holiday season is a time of gatherings. Since it is, here’s a proposal aimed to cure readers of a misbegotten obsession with banks, and their alleged ability to “multiply” money and credit. They ...
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