Formerly About Advanced Micro Devices Message Board

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Politics : Formerly About Advanced Micro Devices

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To: RetiredNow who wrote (215329)	1/18/2005 5:22:02 PM
From: neolib	Read Replies (1) of 1574006

As for your thought experiment, I believe that it's simply important to ensure we limit the opportunity for gambling. The stock market can be a very powerful tool for economic growth and for retirement wealth, but only if modern, prudent financial planning is done. What I am trying to point out is that the function of markets depends on the users. Increasingly, the economic utility of markets is that they supply 1) a mechanism, 2) fluctuating commodities, and 3) informational flow for decision making. Whether the underlying purpose is useful in society or entirely fictional is becoming less relevant to many people. The long term impact of this trend may well dwarf your concerns with SS. I don't don't think many people have clearly thought out the implications of this.

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