Comment Text:
i0-001
COMMENT
CL-07653
From:
Sent:
To:
Subject:
Ryan A. Zoerner
Monday, March 15, 2010 3:41 PM
secretary
'Regulation of Retail Forex' ID number RIN 3038-AC61
Dear CFTC,
Please do not limit the liquidity of the world's monetary supply by limiting how much money I can
borrow from someone else whenever I wish to purchase foreign currencies. You would be altering the
definition of money. Money---a note that I can send, where I wish, whenever I wish, in exchange for
whatever goods or services, or other moneys, might be legally available. This applies to both lending
and spending. Shouldn't you consult the Fed about limiting the liquidity of the world's monetary supply?
(Perhaps you have). Money is not a good. Money is more like blood, or electricity. You are seeking to
slow the world's monetary heart rate; you are seeking to lower the world's monetary potential. What will
this change in dollar liquidity do to the 10-year note? Dollars (or other currencies) are supposed to BE
the definition of liquidity.
Thank you,
Sincerely,
Ryan A. Zoerner
