SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : A US National Health Care System?

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Road Walker who wrote (2362)10/26/2007 3:20:33 PM
From: TimF  Read Replies (2) of 42652
 
There are probably more car companies now than there were in the early day... worldwide.

In the early days there where hundreds of car companies. (If you count those that never actually succeeded in building and selling cars they may have been thousands). All sorts of people who happened to have a bit of capital gave it a go.

If you had only one payment system it would certainly be more efficient than many payment systems. Don't you agree?

Not necessarily, for one thing your removing competition. Even if it is, its unlikely to be massively more efficient, at best you gain a bit at the margin. The downside risk is much more than the possible upside.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext