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

So first, a little bit of definitions.

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

Let's say that it has, I don't know, 1 billion 1 billion in government bonds,

The yield on the bond is 6 .

What is even a treasury?

So these treasury securities, whether they're T Bills, treasury bills, treasury notes, or treasury bonds.

The Spanish Victory Bond.

Grab the bonds!

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

A 1 0 U.S. Savings Bond.

This Bond is a masterpiece.

I bought Defence Bonds.

It was 1.6 million in bearer bonds.

Usually it has to do with ethnicity or race or sectarianism, or it's a power struggle.

What it does with this is it essentially lends it out, so it's essentially buying debt.

But hopefully at this point you have a sense of what the yield curve is.

And if buying debt seems like a weird thing to say, buying debt is the same thing as lending money (lending money).

I'm just for simplicity not going to do all of them.

Interesting.

And that makes sense, right?

No, I said OUR deserts!

liquidate it.

Is that the original Victory Bond?

So let's say the short term overnight borrowing for,

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?

The first time, he takes a picture of the Bond.

Domestic Address

Actually, I believe the one year itself is a note.

Three months I get about the same thing.

Maybe that's like here.

And finally, the purpose of any authoritarian deliberation efforts is usually to increase the legitimacy of the regimes, both at home and abroad.

longer, so things that are maybe going to maybe 10 year treasury bonds, or further out than even that.

Bonds, you become part lender to the company.

They said, wow, this is great.

So I will give the government 1,000, the government would give me a treasury bill.

So, I don't know, I'm just going to make up some things.

Is the Bond still negotiable?

So what happens when you go into bankruptcy?

It'd be right about here.

Maybe it's here.