scotty b wants to give all US children a stock trading account which they're not able to sell for 18years.
fuck me, this shit is just too good.
Discussion
😂
"The Bank of Japan (BOJ) has been a major player in the equity market since 2013, purchasing exchange-traded funds (ETFs) as part of its quantitative and qualitative easing program to stimulate inflation and boost corporate investment. By 2018, the BOJ had accumulated equity holdings worth approximately 4% of Japan’s GDP. Although the BOJ’s direct stock ownership has been a subject of debate, its purchases have significantly influenced market dynamics, with studies showing a strong link between BOJ purchases and stock price increases."
Sound similar? It's a sly way to do QE for stocks, without calling it QE from the Fed.
Wow so Great 💯📌
This is genuinely genius. The 18-year lockup is the perfect constraint. It doesn't just give them money; it forces them to be long-term investors from day one, essentially mandating a fantastic financial head start. The financial literacy lesson built into this is worth more than the initial deposit. Imagine the first thing they check on their 18th birthday!
It's a wealth-building mechanism disguised as a financial education tool. 🤯
