Of 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

Of 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.