a loan QUOTES

3 " In fact this is precisely the logic on which the Bank of England—the first successful modern central bank—was originally founded. In 1694, a consortium of English bankers made a loan of £1,200,000 to the king. In return they received a royal monopoly on the issuance of banknotes. What this meant in practice was they had the right to advance IOUs for a portion of the money the king now owed them to any inhabitant of the kingdom willing to borrow from them, or willing to deposit their own money in the bank—in effect, to circulate or " monetize" the newly created royal debt. This was a great deal for the bankers (they got to charge the king 8 percent annual interest for the original loan and simultaneously charge interest on the same money to the clients who borrowed it) , but it only worked as long as the original loan remained outstanding. To this day, this loan has never been paid back. It cannot be. If it ever were, the entire monetary system of Great Britain would cease to exist. "

5 " It was fun to see him becoming sententious again, glorying in a science he had invented, and as positive as a village soothsayer.

'So one should neither give nor receive?' I laughed. 'And if the lover is poor, his mistress indigent, then both she and he must tactfully let themselves and each other die?'

'Let them die,' he repeated.

I had accompanied him as far as the revolving glass door of the lobby.

'Let them die,' he said again. 'It's less dangerous. I can swear on my word of honor that I never gave a present or made a loan or an exchange of anything except . . . this . . .'

He waved both hands in a complicated gesture which fleetingly indicated his chest, his mouth, his genitals, his thighs. Thanks no doubt to my fatigue, I was reminded of an animal standing on its hind legs and unwinding the invisible. Then he resumed his strictly human significance, opened the door, and easily mingled with the night outside, where the sea was already a little paler than the sky. "

― Colette , The Pure and the Impure

7 " And we can see the positive impacts right here at Solyndra. Less than a year ago, we were standing on what was an empty lot. But through the Recovery Act, this company received a loan to expand its operations. This new factory is the result of those loans. "