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Or you could simply regulate loans made using stocks as collateral by either setting the minimum APR to say 20% or making the whole practice illegal. Seems a l
by Aloisius 15y ago
Or you could simply regulate loans made using stocks as collateral by either setting the minimum APR to say 20% or making the whole practice illegal.
Seems a lot easier than getting a new tax passed (loans are well regulated already) and won't harm the poor guy who is paper wealthy but can't actually sell his shares.