> They are accumulating huge stockpiles of cash they cannot spend, they (the cor... | Hacker News

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		chii on Nov 3, 2020 \| parent \| context \| favorite \| on: The public has a right to know how companies that ... > They are accumulating huge stockpiles of cash they cannot spend, they (the corps) can use this asset that they cannot repatriate as collateral for cheap loans.

sokoloff on Nov 3, 2020 [–]

I agree with your point (probably), but disagree with the restatement. They can repatriate it; it just does not make business sense to do so. (If they actually couldn't repatriate it, it wouldn't be effective to use as collateral.)

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