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How Economy could be different



Banks could be like utilities / nationalized

Large U.S. private companies could do financial disclosures

Banks could be over-leveraged to hedge funds and private equity

The economy could shrink or not have to grow much

The U.S. Federal Reserve system could be replaced with the gold standard, computer program, or be more accountable / transparent / audited

GDP could be Gross National Happiness

Stock buybacks could be price-sensitive or not be done to go to R&D / rainy day funds / increasing employee pay / M&A instead

Too big to fail banks could be broken up

Layoffs could be avoided during downturns

Countries could have adequate medical and cleaning supplies with rationing rules in case of a pandemic or national emergency

NRSRO designation could be removed from SEC rules

Commercial banking could be separated from investment banking

Academic faculty could be required to disclose conflicts of interest in research and nonacademic work

The FairTax could replace all federal income taxes

Community-based currency could be used to support a local economy

Job sharing or short-time working could decrease unemployment