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Apple is currently being priced as a near-zero growth stock at 9x forward earnings, net of cash.
FORBES: A Dangerous Sign for Apple's Stock
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Google says its Mini customers range from appliance maker Sub-Zero to the Nasdaq stock market, public-sector patrons such as the city of Bloomington, Ill. and the University of Oklahoma.
FORBES: Magazine Article
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But reasonably sophisticated investors can create the same product themselves by purchasing a risk-free zero-coupon Treasury bond and call options on a stock index, such as XSP options traded on the Chicago Board Options Exchange.
FORBES: Guaranteed to Go Up
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Much of this money creation is going into stock prices, since at near-zero interest rates bonds yield little and bank savings or money-market accounts almost nothing at all.
WSJ: Review & Outlook: A Record Dow
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Shijo Bridge, in front of you, might be the ground zero of Kyoto old and new: a monk is standing, stock-still, collecting coins, and the mountains to the north are blue in the dusk.
BBC: The walk that made me love Japan
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But the collapse of Lehman Brothers one year ago brought the issue to the forefront--some said naked short-selling was responsible for driving Lehman's stock to zero, though it did file for bankruptcy after a liquidity crisis.
FORBES: Magazine Article
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The simple r-g assumption is one of the most important in debt dynamics: an r-g of greater than zero (when interest rates are greater than GDP growth) means that the debt stock increases over time.
ECONOMIST: Daily chart