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4min chapter
5% Inflation for a Decade?
What Goes Up
Silicon Valley and the Buyback Binge?
Facebook, Google and other tech companies have been buying back shares to pay employees. The practice is seen as a wise use of share of the money - but it's really just a trick to save cash. "When the bubble was going, everybody was happy with that," says John Defterios. 'Now I think we're seeing the reality bite,' he adds.
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