4 ms·
> Just ban gambling. That solves good part of it. does that include the stock exchange?
by sleepybrett 6mo ago
> Just ban gambling. That solves good part of it.
does that include the stock exchange?
- joquarky 6mo agoI think a good compromise there is to get rid of shorting. And tax capital gains at a rate inversely proportional to how long the shares were held. E.g., 90% if held less than a second, 10% if held over 10 years.
- sleepybrett 6mo agowhat makes 'shorting' special? I understand what shorting is from a non-market-junkie point of view (essentially betting that a stock will go down).. is that just more 'gameable' than buying stock.. i guess i don't see the difference between 'i bet this will go up' and 'i bet this will go down' it's still a bet.
- interestpiqued 6mo agoWhat if I’m a farmer who wants to short whatever commodity I grow as a hedge.