If you can only play one side of the market you’re shit out of luck on days like today where it just keeps tumbling down. Market movers would freeze in fear while sitting on 90% cash. You want puts to increase liquidity. A market that can only operate for profits in one direction would heavily stagnate.
I think China’s market operates in this principle if I’m not mistaken and only state party members can invest in red chip. They seem to have been experiencing a rough few years due to this while teetering on total implosion of money men trying to run out of the burning building.
If we have a problem with market liquidity, then the government needs to print more money. I'd say our real economy has stagnated. Just capital goods have seen profits in probably 30 years. That's why Blackrock and others have been buying up single family homes.
If line go up forever then there’s going to be a lot of gouging. All firms are inherently private as they represent a large chunk of small and big money retail accounts that are just average people.
If we have a problem with market liquidity, then the government needs to print more money. I'd say our real economy has stagnated. Just capital goods have seen profits in probably 30 years. That's why Blackrock and others have been buying up single family homes.
I’m not a fan of Blackrock buying up the Panama Canal for cheapies. I’m also not a fan of the CCP forcing their party members to death march their capital off a cliff. I see both as equivalently authoritarian and detached from market reality. I agree with the sentiment that there needs to be more incentive, however I think that buying incentive was maligned to fleece the common man with a big focus of stock trading apps and ads. Retail has gotten really really REALLY fucking stupid the last 4 or 5 months.
I understand your point, but I'd say firms are semi-public/semi-private institutions. If the economy can't serve the interests of the state, then the economy will cease to exist. They should be judged on how well they develop the country.
Undercutting American industry has been the center of CCP soft power for 50 years. They've been doing trickle-up, and we've been doing trickle-down. See which one is winning? I do think there can/should be a middle ground between capital investors, industry, and households.
The entire financial system in this country is working exactly as designed to extract as much from the masses as possible and funnel it to a select few. It doesn’t matter who is “in charge” of the government.
The entire financial system in this country is working exactly as designed to extract as much from the masses as possible and funnel it to a select few. It doesn’t matter who is “in charge” of the government.
I agree. The mechanisms they use are private banks. Which get money printed by the fed, then they create more money fractionally, to invest into capital assets. However, this system has de-industrialized the country, which has made us susceptible to foreign powers like China. Many in the "deep state" realize this, as well as many other problems with their legitimacy. I doubt we'll ever be totally rid of the "deep state" (Intel agencies, banking groups, secret societies) but their interests have to be somewhat aligned with reality and the country or the whole things falls. Obviously elections haven't meant much in a long time because of these Intel groups. With the cutting of USAID, we see some major reforms to our "deep state" is happening.