3 ms·
Bull. Life would go on.
by Eliezer 16y ago
Bull. Life would go on.
- carbocation 16y agoI agree with you. It seems more likely that without these machines, I'd have to wait a small amount of time longer (probably on the order of minutes, though I clearly can't test this empirically) to execute a trade. Also, welcome back.
- houseabsolute 16y agoLife would go on without the stock market. Life will continue to go on with the status quo. Life would go on if the changes you presumably want were to be implemented. It's not a question of whether life will go on. It's a question of whether it would go on better or worse than it does now.
- hugh3 16y agoOf course it would, just slightly worse. I'm not sure this is much of an argument. The question is cost/benefit of prohibiting short-term transactions. So far I'm sure there's a cost, unconvinced there's a benefit, and suspecting that a lot of the opposition to it is based on the natural human urge to be jealous when other people make money by doing no apparent work.
- Tichy 16y agoYeah, did they even have a stock market in the communist sowjet union? I hear living conditions have been fantastic there.