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Rising Food Prices Part 1: Oil and Fertilizer

Mastering Nutrition

CHAPTER

Stock Bybacks

Since ronald regan legalized stock bibacks in 19 82, corporations have used the practice to artificially flate their stock value by buying back shares. The bind administration proposed a three year freeze on corporate executives selling their shares after a byback. Stock bybacks incentivized corporations to put shareholder returns above workers and consumers. Big oil, for instance, is planning on spending near record 38 billion dollars on stock stock bybacks this year,. Even as everyday americans squeezed with higher prices at the gas pump.

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