Economy through the eyes of a pawn shop

"Most people don't realize how regulated the pawn industry is, especially where I'm at in Nevada," he says. "When I take something in pawn or I buy something, I just don't take [an] ID. I take their driver's license number, their height, their weight, their eye color, their build. I turn that into the local police department, and then I also turn it into Homeland Security. It's part of the Patriot Act, and that goes to a central database online across the United States that checks for stolen items." not in video

-in video
q: Do you see taking your business public.
a: I would have to be making quite a bit more in order to go through the hassle and regulation required to go public.

very interesting vid, thx!
 
Back
Top