Comment Text:
i0-001
COMMENT
CL-06904
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Sent:
To:
Subject:
Nate Powell
Friday, March 12, 2010 7:25 PM
secretary
Financial Speculation
I think your idea to decrease leverage to 10:1 is a good start. I would, however, like to see financial
speculation completely abolished and a system of fixed exchange rates set up globally on a treaty basis.
A world of shifting exchange rates makes it impossible to extend long term credit for long term
development proj ects. The wealth that speculators currently reap from our planet would be put to better
use. Our world will see a renaissance of growth if you would cut these parasitic worms from our system.
Thank you,
Nate Powell
