Yes, yes. Oh ...

I can't lend you any money.

It's because of the way money is created, as interest bearing debt.

You're not going to lend to somebody who doesn't create goods and services.

Right. Good. I'll just get my Muggle money.

And once, again let's say that risk free I could put money

So the U.S. GDP, I don't know what the exact number is. it's on the order of I think 15 trillion.

And I'll show you how to do that on an income statement.

He left the restaurant without paying.

Manage your money

The task before us is to align money with the true expression of our gifts.

My uncle is generous with his money.

See, I got tired of just looking, just trusting to luck, so I saved up enough money to buy some information.

Well, how it got created we went through the mechanics, right?

And so,

But for the sake of simplicity,

Open Market Operations. They will go to the market, maybe directly to these banks, or some other banks, and they will buy treasuries.

So, you know, we have this very simple model of labor, which says that people work for money.

So at any given day, not everyone hopefully not everyone's going to pull their money out or put their money in.

Right?

This factory here, it's actually making something useful.

I gave of my time and my money,

And these guys are willing to pay me 8 interest.

He wants the money.

We'd like a deposit of 50.

Every time we run out of cash, we want to go back to the till.

But TiVo's a commercial failure.

They include all kinds of peer to peer financing and the peer to peer revolution.

Can you imagine the world without money?

He shut up the money in the safe.

And now I lend out 810 gold pieces.

Can you save enough money for the down payment?

My money was stolen.

My money has been stolen.

They work, they provide services to each other and they have savings, right?

It's not coming back, booth.

I'll do it in green.

She is very free with her money.

I asked him what he did with it, and he said he just throws it out.

lots of fast food and Facebook.

What happens if it's minus 1.5 ?

You are a tiger.

So people were borrowing from the Fed, or borrowing in general, but they weren't lending out again.

So I'll give out a loan to that person.

Is it practical?