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FOREX volume is almost 10% of annual global GDP _per day_.

This trading is overwhelmingly unrelated to trade in goods or services, or the movement of wealth with much permanence.

Cool, so speculators are just providing shitloads of liquidity to people trading in goods and services. As an importer/exporter, I love that FX is so liquid, cheap, and easy today.

thats fine, I dont think the amount should be regulated to match the good it provides. I just claim that it provides some good for the world, whereas equities does not.

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