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To: Nick Danger
What happens when the entrepreneur actually tries to do it? Does he go door-to-door, looking for someone with extra money to lend?

Most of them do, Here in Silicon Valley they call it "venture capital"! They seem to do OK.

Is there something like a union hall, where money owners hang out looking for borrowers? Does he put an ad in the paper, "Money Wanted"?

Actually, there IS a coffee shop in Palo Alto that is rather well known... ;-)

You were claiming that without fractional banking money would be sitting in warehouses. I wasn't arguing against banking, I was stating that the assertion of the alternative wasn't accurate. Aren't we getting a touch defensive? I was merely addressing the exclusive nature of your statement.

306 posted on 12/09/2001 9:40:05 AM PST by Carry_Okie
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To: Carry_Okie
Why does the Constitution specify that no state shall make any thing but gold or silver coin tender in payment of debts?
307 posted on 12/09/2001 9:43:27 AM PST by mvpel
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To: Carry_Okie
Most of them do, Here in Silicon Valley they call it "venture capital"! They seem to do OK.

No offense, but that's going to sound pretty glib to somebody whose dream is to start a construction business. We were talking about the United States, not the lunch crowd at Lion & Compass.

I'll check with my inner child.

Nope. I take you just arrived. If I leave a comma out of a post in this thread, I'll hear about it.

333 posted on 12/09/2001 3:48:26 PM PST by Nick Danger
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