But this I just want to show you some data here.

I know I've overdrawn this picture a little bit too much.

The yield on the bond is 6 .

You're not a homeowner until you don't have debt.

Over the next few years big decisions will be made in Washington on jobs, the economy, taxes and deficits, energy, education, war and peace.

It was 1.6 million in bearer bonds.

Solved

Interesting.

And that makes sense, right?

liquidate it.

He is a great authority on economics.

So everyone decides that it's in their best interests to keep this thing running.

Bonds together with some money was stolen.

The money was stolen along with the bonds.

There might be different debt holders who have different

I, uh, I was just going to say I've been cashing A lot of bonds lately, haven't I?

Do it anyway. Who's moving the bearer bonds?

What are my liabilities?

Bonds, you become part lender to the company.

They said, wow, this is great.

So what happens when you go into bankruptcy?

I'm sorry, john, but i think that's charlie's call now.

It makes sense to pay off your credit card balance every month.

Morningstar type.

They go to 0.

Is it assigned?

You could do it with corporate debt.

Oops.

Nevertheless, we will be eventually heavily rewarded from doing this.

Madam. Thank you for coming.

This is better than buying treasuries.

So for example, if you by a well I'll just say a face value bond of, let's say it's a thousand dollars, and there's a thousand people who do that.

And just to contrast this with bonds, because they are often used in the same phrasing, oh I'm going to go buy some stocks or bonds, or I deal with stocks and bonds.

My responsibility is to keep the company solvent.

And to stop it crashing over the last two to three decades, we've expanded the money supply, expanded credit and debt, so that people can keep buying stuff.

You can kind of view this as the liabilities of which debt is one of them.

You ripped off his bearer bonds.

It's actually right there in the PayPal account.

The PLO was continuing a long Arab history of saying No

Maybe it was A.

I said, who gets the money?

My say.

Louis helped me set up a PayPal account and everything.

Yeah, look at that. It's got PayPal and everything.

Perhaps you will be so good as to do the same for his creditors in Meryton,