What about allowing people to store wealth in a non-depreciating, attainable, liquid asset (something besides USD or mutual funds or a home made out of plywood), and limiting liability for health providers?
What does that even mean?
>mutual fundsNon-depreciating: The long-term return of stock indices and some bond indices beats inflation.
Attainable: $1000-$3000 minimum to open an account
Liquid: Funds can be bought or sold easily (with no fee), money is accessible via ACH.
I hope you are not suggesting that gold is a better investment than a diverse portfolio of stocks and bonds.
"I hope you are not suggesting that gold is a better investment than a diverse portfolio of stocks and bonds." There are a lot of people that believe a big government/market crash is coming. And they're absolutely desperate for ways to weather it without eating their own toes off.
Those people would be best served by buying ammunition.
Just as a heads up, most finance folks don't consider being able to buy/sell something easily as the only bar to liquidity. Volatility is also a major component. That is, if something can change value dramatically from day to day it can be considered "illiquid". So lots of people do not consider mutual funds "liquid".
That is, if it is a great value store why won't people horde it, thus decreasing availability. If it becomes readily available, why wouldn't it become worth less?
For an extreme thought experiment, consider if everyone puts half their income into a perfect store of value for a year, living off the other half, then the next year they live off the savings. Everyone would die of starvation the second year even though they supposedly have just as much value available as what sustained them the year before.