Thread: Tesla Model 3
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Old 12-11-2018, 03:47 PM   #819 (permalink)
redpoint5
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Acura TSX - '06 Acura TSX
90 day: 28.07 mpg (US)

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90 day: 47.32 mpg (US)

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90 day: 21.82 mpg (US)

Prius Plug-in - '12 Toyota Prius Plug-in
90 day: 57.64 mpg (US)

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Derivatives- Start with a bad idea and figure out how to make it worse.

The whole thing is pointless and begs to be abused by bad actors.

What's wrong with traditional lending if capital needs to be raised? Use the business as collateral. Same effect, but it doesn't spawn infinite trading and speculating. I get the allure of money that doesn't have to be repaid or accrue interest payments, but the long term consequences to national productivity are harmed.

Perhaps there is some net benefit to a stock market, but it seems far from the ideal solution to the problem of gaining fast and cheap money.
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