I 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.
what 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.
I assume it must be much easier to modify the market to make a stock price go down (e.g. hack the CEO account to say something silly/dangerous) vs trying to make the stock price go up.
I 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.
What if I’m a farmer who wants to short whatever commodity I grow as a hedge.
what 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.
I assume it must be much easier to modify the market to make a stock price go down (e.g. hack the CEO account to say something silly/dangerous) vs trying to make the stock price go up.
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