> "Sean" now.com.au> wrote innews:48c3cee5$0$28214$afc38c87@news.optusnet.com.au:
>

>>> In other words, original capital came from the same place it comes
>>> from today --- everyone who deposits money unneeded for current
>>> expenses in a savings account, mutual fund, money market fund,
>>> venture capital fund, etc., is a capitalist; he is financing the
>>> expansion of the economy.

>

>> BULLSHIT .... Loaned $ is created out of thin air when a pen is placed
>> on paper.

>
> Really? Perhaps you can explain exactly how that is done. I'd love to
> create some money out of thin air.
>
> Tell you what --- you explain how to do that, and I'll create a billion and
> loan it to you at half the going rate.
>
> But then, you wouldn't need it, since you already know how to create your
> own money out of thin air.