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.

liquidate it.

It was 1.6 million in bearer bonds.

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.

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?

Interesting.

And that makes sense, right?

They said, wow, this is great.

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

And the environment might be things like the stock market or the bond market or the commodities market.

That's not within your jurisdiction... Relax.

You've abused your responsibility.

My father is absent on business.

He traveled on business.

He came up to Tokyo on business.

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.

What I fear most is power with impunity.

Bonds, you become part lender to the company.

I said, who gets the money?

So what happens when you go into bankruptcy?

He went to New York on business.

You could do it with corporate debt.

Oops.

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

Phase 1 is you're going to get ready to sell.

My father went to Hong Kong on business.

He went to Tokyo on business.

He went there on business.

The Olympic Carrier. Commercial passenger vessel.

Trust is everything in my line of work.

And then, finally, they now kind of verified Yep, these look like our customer segments here are our customer relationships.

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.

Do you want to require attribution?

This is better than buying treasuries.

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

Morningstar type.

They go to 0.

That's better than putting it in the bank.