My brother had a fool-proof idea:
If we outlawed short-selling of stocks -- hell, selling of stocks at all for a lower value than paid for -- the markets could only go up.
It's you libertarian whack-jobs who don't see the obvious need to for a legally-binding requirement that stocks gain value at a prescribed and fixed rate every year. Not only would that prevent bubbles from bursting, but it would also prevent bubbles from forming in the first place!
If people knew that their money would increase in value exactly 10% a year, they'd be more likely to save, more likely to invest, and more likely to spend. All those things are crucial for an efficient -- and free -- economy.
There's no arguing with that reasoning.
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