| His Ideas 5 ~ Stock |
October 8, 2020
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| [stock] (Definition of Cambridge Learner's Dictionary) 1. all the goods that are available in a shop 2. a supply of something that is ready to be used 3. the value of a company, or a share in its value 4. a liquid made by boiling meat, bones, or vegetables and used to make soups, sauces, etc. He thought about how to make the economy sustainable in the current coronavirus circumstances. Many countries had a hard time to balance the two factors, the spread of the coronavirus and the economy. If people go out, the possibility to spread the coronavirus will rise. On the other hand, if a lockdown is implemented, many services will lose their customers, and as a result their profit. Eating places (restaurants, bars), transportation (trains, buses, taxies, ferries), accommodation (hotels, inns), human related services (barbers, beauty saloons, hospitals, clinics, schools, etc.), entertainment facilities (theaters, stadiums, sports gyms, karaoke shops, amusement parks, etc.), and their suppliers (agriculture, fishery), wholesalers, warehouses, etc. As their businesses go bad, their workers might be fired or receive less salaries, then their consumption will go down; and, as a result, the whole economy goes down. At first, he thought why the government wouldn't pay subsidies to save those  businesses. The government could compensate all the losses for each company from the previous year's declared tax. In this case, businesses could survive in a lockdown. But, to come to think of it, if they paid, maybe the governments themselves would go bankrupt. So, many countries had to repeat doing a lockdown and then softening those restrictions, but the pandemic didn't stop. [His Ideas #5 : Stock] How about people paying money to, for example, a restaurant without eating anything? What if the government bought stocks in various sized companies, and sold bonds. So, if a family used in the previous year, $5,000 for traveling ,$10,000 for eating out and drinking, $1,000 for barbers & beauticians, $1,500 for watching pro sports & movies, the family would have about $17,500 in which they could invest and buy the bonds. Then after the coronavirus settled, the family could sell the bonds. In this case, of course, the family couldn't go anywhere, couldn't enjoy going out to eat, they couldn't receive any services that they originally received. So, the government could ask the family to cooperate with them to keep this country's industries healthy. Under this coronavirus situation, an emergency, a kind of crisis, the people would willingly cooperate with the government, he believed so. The companies could borrow money from banks with the guarantee of the stocks and pay the salaries of their workers. But, in that case, what would the companies' workers do? They could think about how to develop their services for the future customers. They could develop their skills, learn how to improve the company's atmosphere better, imagine other ways to offer better services... And so, it should lead to be a good stock to have. |
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No.403
*stock :在庫、蓄積、株、だし汁
*definition :定義
*liquid :液
*sustainable :持続可能な
*implement :実行する
*wholesaler :卸
*warehouse :倉庫
*consumption :消費
*subsidy :補助金
*compensate :補償する
*loss :損失
*declare :申告する
*restriction :制限
*bond :債権
*settle :落ち着く
*willingly :進んで
*guarantee :保証