Why would the world be better off with computers making trades?
I don't have a proposal, except that the financial industry needs to be reviewed. A good start would be to remove the products that are abstractions of the value of companies or markets rather than representative of real value. Eliminate futures and most forms of derivatives. Keep shares and managed/indexed funds. Keep everything physical (e.g. Gold, Oil, etc).
That would reduce a number of the swings in the market caused by relatively small real stock movement. Return the market to trading value, rather than trading the anticipation of what might happen
The stock market should be used for trading companies, not shifting money from owners of stocks to the financial industry by having people manipulate it.
This statement is almost identical to "Eliminate automobile insurance", for reasons you don't understand. General advice: Don't speak on that which your ignorance is total.
I don't have a proposal, except that the financial industry needs to be reviewed. A good start would be to remove the products that are abstractions of the value of companies or markets rather than representative of real value. Eliminate futures and most forms of derivatives. Keep shares and managed/indexed funds. Keep everything physical (e.g. Gold, Oil, etc).
That would reduce a number of the swings in the market caused by relatively small real stock movement. Return the market to trading value, rather than trading the anticipation of what might happen
The stock market should be used for trading companies, not shifting money from owners of stocks to the financial industry by having people manipulate it.