I’ve posted Entry #66 to my weekly Investing: The New Rules column at the Death By 1,000 Papercuts site. It’s called We Need an Honest Economic Stimulus.
Juicy Excerpt: We need to unwrap the package under the Christmas tree!
Huge advances in our understanding of how stock investing works count for precisely nothing for so long as we don’t let people know about them. The Stock-Selling Industry hates the idea of letting people know about this advance. It would mean admitting they were wrong about some important things in earlier days. This doesn’t appeal.
We could go around them. The internet permits us to tell people about the huge advances without first getting the permission of The Stock-Selling Industry.
Once people see that they can retire years sooner, they will no longer be afraid to spend. They will be stimulated honestly. They will spend money. Businesses will hire workers back. Everything will be cool.