> Just ban gambling. That solves good part of it.

does that include the stock exchange?

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.

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interestpiqued 2 days ago | parent | next [-]

What if I’m a farmer who wants to short whatever commodity I grow as a hedge.

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sleepybrett 2 days ago | parent | prev [-]

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.

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dysoco 2 days ago | parent [-]

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.

	▲	hrimfaxi 2 days ago \| parent [-]
		You could hack the CEO account to say something positive, too though.