Kenjona
Well-known member
- Joined
- Apr 12, 2020
- Messages
- 502
- Points
- 133
It used to be like #1, except scammers and con artist took to many peoples money/assets and the government had to step in to regulate it. Which involved politicians, which means more regulations to control corruption and so on. Which increases costs on Companies, which gets passed on to consumers.The main issue about publicly traded shares is simply the fact that overall, it's been bad for production and society since most of the money goes to middlemen instead of the producers. Those who produce tend to get shut down by middlemen (investors), and it's difficult to grow something organically because investors who don't really produce anything, or know a trade inside and out invest and demand profit without cause.
Actually, I feel like if they want to make companies publicly tradeable, they'll have to do either of these two things.
1) Take away all the restrictions, and those who lose cannot sue.
or
2) Make it so politicians cannot buy stock.
If either of these are done, I feel the market will eventually correct itself. This is not based on anything but a hunch, of course.
The point of publicly trading shares is for everyone to be able to sell the % of ownership they have over an asset. To make money. You own X amount of Y company. For stocks, bonds and debts you may get dividends; but if you need more cash then what the dividend is giving you, you sell said asset; hopefully for a premium over what you bought it for. If you do not need the cash, you hold it hoping it continues to go up in value.
Without the ability to Publicly Trade those assets, then ONLY private sales will happen, which leads to monopolies forming and people being blackballed from buying stock. Publicly traded assets also allow a BROADER range of people to buy stock, and for the sellers to maximize their return.
Frighting enough many peoples retirement incomes depend on those publicly traded assets in one for or another.