Rules for the stock market - 20% trading range per year on the stock market.
Here is my proposal on new rules to be put on stock market transactions. Currently, you have a stock market that can give enormous profits or enormous loss. If there are enormous profits, you know who gets most of the money and if the stock market crash, you get bail outs from the government which are taxpayer's money. If stock market trade in basket of stocks comprising blue and non blue stocks instead of individual stocks, and the rise in trading in these basket of stocks is limited to say only 20% rise or fall a year, this will limit easy money to be made on the stock market and also loss on the stock market. I think 20% rise or fall per year in a stock market in a year will bring about more credibility on trading on the stock market. If the stock market keeps rising, it will take 5 years to make 100% rise.
Rules for control on property prices - 2% trading range per year for property prices
Controls on property prices.
Similarly for property prices, there should only be a 2% trading range for prices. If property prices rises too fast, some people make the quick bucks and exit, this is not good for the country.
I believe these 2 measures, if introduced will bring about more order in our society.
Rules for commodity trading : 0-2% trading range per year
How about controls on commodity prices? Perhaps a 0 - 5% trading range per year for commodity prices will bring about more social order in our society.
Rules for trading on derivatives: 0 - 2% trading range per year
How about derivatives? There's a lot of talk regarding private trading of derivatives. It is time to put these derivatives trading on the stock market as well for all to see. A 0 - 2% per year trading range can also be introduced for these derivatives trading.
Let everybody get back to fundaments. Let hard work be paid more and not just by pressing a few buttons and call that hard work which is or has destroyed our world economy.
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