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Anonymous
Government playing the market. 2016-11-12 06:23:21 Post No. 1611968
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Government playing the market. 2016-11-12 06:23:21 Post No. 1611968
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Why doesn't the US government just take some cash from the general fund and play the market? It could raise billions in funds every year. Which can go to paying down debt and then keeping taxes down.
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>Why doesn't the US government just take some cash from the general fund and play slots in Vegas? It could raise billions in funds every year. Which can go to paying down debt and then keeping taxes down.
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>>1611968
It would be a more sensible strategy than trying to balance their budget at the moment.
However, there are better ways to increase the nation's wealth, such as investing more in infrastructure and education.
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>>1611968
You mean the government has to own the means of production?
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>>1611968
https://en.wikipedia.org/wiki/Government_Pension_Fund_of_Norway
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>>1612406
set it up so the fund can't buy enough shares to vote or gain control of a company.
it could just set up a high frequency trade server and legally front thousands of stock trades a day. Making a few pennies profit per trade.
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You do realize that the government buying shares of publicly trading companies is a form of the people seizing the means of production, right?
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