But it is just like a stock.

So a security in the equity world is a stock.

When you go long a security, you're buying the security.

And also, just so you know, as opposed to being short the company, they're long.

Word is that davis' fund has taken some big hits on mortgagebacked securities.

They'd start with your bonds preferred stock, and then move on to real estate.

And I'm doing this just to show you a point

And the loans are just the right on these 10 payments.

Annual rate of security

Short term, overnight borrowing between banks is already zero.

So these shares each of these one million shares this is a mortgage backed security.

A security is essentially something that can be bought and sold that has some type of claim on something, or some type of economic value.

So what you do is you have, let's say, the 6 million.

However, in a pure quantitative easing regime, the focus of quality is the quantity of bank reserves, which are liabilities of the central bank the composition of loans and securities on the asset side of the central bank's balance sheet is incidential.

learning only too late that something was wrong.

You know what equity securities are, and just so you know, what is a security?

Or by selling shares of itself, or essentially allowing other people to become partial owners of it, and that is equity.

(Applause)

It seems the government's looking for Harry.

It's a security.

That's when he'll try to summon the demons to this world.

No more than I already gave you.

So all of the sudden, these bonds, because they're being insured by this entity that is AA, which Moody's has determined is AA, these bonds are now good enough for my pension fund to hold.

And we are operating with a comprehensive urban planning deficit.

And it makes sense.

And you end up with a mortgage backed security.

They will give this money to the market, and in exchange they will usually buy treasury securities, sometimes something slightly different, but usually very safe securities.

There isn't a problem with global warming any longer, so we can you know, they're funding.

And then at some future date, the U.S. Treasury is going to pay them a larger amount of money than they put back in.

And so I'm fine.

We would create incentives for securitization.

T bill if it's a shorter duration,

So it's going to be 6,000 times 1,000 bond certificates.

I could trade a share of Microsoft.

(chuckles) meaning same promotion, but here in d.C.?

I have a whole video on mortgage backed securities.

This is an example here

But if the Fed wants to inject more cash, it can now buy different types of securities.

They have good credit etc etc.

Do Low Interest Rates Ensure High Asset Prices?

And it really started because this whole process of being able to take a bunch of people's mortgages together, package them up, and then turn them into securities and then sell them to a bunch of investors this was a quote unquote innovation in the mid '90s, or early '90s.

200 D's cash or 250 in food coupons?

We're not so sure he took anything except the cash.

The prize will go to the man who is to write the story of Suvorov's campaigns.

This ticket is good for two weeks.