If you believe you know more than the stockmarket, you deserve to have your head chopped off and handed to you on a silver platter. The height of arrogance and stupidity all at once. You sound like a big baby, whining and crying all the time. Are you ready for your bottle now?
Some Central Banks, most notably the Bank of Japan - have been buying equity shares for decades. It’s not a novel concept in terms of international monetary policy.
Create an American Sovereign fund - this would need congress as they can't have direct ownership now. Sort of the same way Norway invests excess oil revenues. Of course, Congress won't approve it. Temasek and GIC own massive amounts of income property in the US. Open it up to all asset classes.
1. Norway is a Scandinavian Country with a stratified homogenous population that grows <1%, and 2. The US does not run a budget surplus.
"1. Norway is a Scandinavian Country with a stratified homogenous population that grows <1%, and 2. The US does not run a budget surplus." View that as all the more reason.
Great. Let’s tax the middle class at 60%, have a 20% National VAT, and then buy Medicare-for-all and equities with it. I’m sure that will go over big.
There are currently 13 states in the US that have Sovereign funds and some with no state taxation. There are 50 countries that do Sovereign investing most, but not all are investing commodity wealth. A few like Palestine have no real economic or well-organized taxation system but they recognize the value. The GIC in Singapore for most of the '80s and '90s ran one of the largest covered call programs on American big caps. Most of these countries have a lower tax rate than the U.S. and have healthcare for all built into their taxation scheme. A common thread is either commodity wealth or mandatory retirement savings.
Who is Yellen? So investors or owners of stock want the taxpayer to buy their worthless overpriced inflated stocks? people don't have to sell their stock and don't have to buy equities. if the gov't is going to be participated in the open market and putting bids, they better not be buying from market makers or hedge funds shorting shares. The stock market or exchange is controlled by a few big time 'market makers' and don't need the gov't to rig it with algos. etc. and mostly automated computers. If you are just referring to S$P 500 and nasdaq 100 .The stocks in the nasdaq are inflated still 'expensive' The gov't can put floor bid on the market like book value or intrinsic value. What you are suggesting is the gov't play 'market maker' because the market is 'illiquid' If the stock price is low for individual stocks. the owners of the stock can buy it to support the price. and don't sell. It's not the gov't problem. if nobody wants to buy your toy collection or worthless bitcoins. BTW, ,the futures market and stock market is a BUCKET shop meaning it is BS market. you know what I mean. The market makers control the bids and ask. okay and rigged manipulated market by automated computers. You want the gov't name on the shareholder list of these companies? have a gov't seat in the board of directors in all the companies listed. if the gov't is going to buying stocks. unless you have a seat in the board of directors of a company, you don't own the company The 'gov't is already indirectly 'supporting the market with 0% interest rates..people still don't want to own stocks even at 0% or negative bond rates. the 'market is always right' there is a reason they don't want to buy or own you stock. 95% of the equities listed is scam companies. okay the fact that the scam bitcoin BS market even has futures on it says a lot about the 'futures market' which is mostly a bucket exchange and very few of the volume takes delivery of commodities 'traded' I see 50 stocks and all the stocks are garbage.