Instead of a Smoot Hawley type of legislation, concerning the restriction of free trade amongst countries, and a leading cause to exacerbating the Great Depression, we will have it with investing. The proposal of taxing transactions is heinous to financing industrial progress and valuing assets, which includes currencies.
These things take time, but the vilification of trading and finance will probably cause this to be yet not be the root of the problem.
When a guy takes a bonus, stock options, or 100x the pay of the average worker in a company but has no real earnings, he should be compelled to give the money back because in some circles that is called knavery and in others a political contributor.
So the circle goes.
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