Private equity only works because Peter G. Peterson advised the US to remove the dollar's link to gold.

Private equity only works because the United States dollar is no longer linked to gold.

Now, when the United States needs more money they can simply print it out of thin air. It doesn't have to be linked to a physical asset like gold.

This means our economy runs on high debt, high inflation, and an ever expanding economy built on a hollow stack of cards.

This allows private equity to skyrocket since their business model works because inflation always goes up in service of their debt.

Inflation always reduces the real value of your debt.

#Economy #USA #Debt #Inflation

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There is a payout coming to sycamore after the fiscal year. There will be a forced distribution of partials and the company will have an “amazing year” pay themselves a dividend and next year be prepared for the worst year ever to include layoffs and workforce reductions. Staples 2.0

Walgreens being acquired by private equity may lead to more layoffs than have already occurred. It appears the op was illustrating how it was possible to make the acquisition happen through taking on enormous debt. To service this debt, costs must be cut. That could mean additional layoffs down the road.

Why do people post d-mb stuff like this instead of layoffs. This site has become another reddit/blind

What does this have to do with layoffs?

Thread regarding Walgreens layoffs

Private equity only works because Peter G. Peterson advised the US to remove the dollar's link to gold.

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