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.
There are better points for you to argue, but I don't suppose you know how many construction businesses got their start on family money and partnerships (a form of private capital your comment ignored)? Ask Osama Bin Laden! Really, money would not fail to find a productive use were there no fractional banking, there would merely be less of it and it would be more difficult. That is not the absolute distinction you asserted, which is why I said what I did while you were so busy condescending. I did it to make you think a little harder because you were getting sloppy trying to deal with the rain of feces you were getting.