Everything is risk free.

Being always a little bit more less financially savvy than the term life is that... this is going to this as long as you continue to pay this premium this is guarantee, cause you will die one day unless you know something the rest of us don't know.

And you say, this group of the CDOs, they'll get the first payments. or if any payments that go, immediately go to this very senior tranche, right?

It's just a deposit kind of thing.

It changed this value the most.

On the contrary, passengers themselves must pay.

Your payment is now two months overdue.

How would you like to pay?

And then year 10, I pay the 100,000 plus I pay back the 1 million.

look if you pay a premium if you pay a premium every year of five hundred dollars of the .... the word premium litterally just means the amount that you would pay every year

Which really makes you ask the question, if you know your cash payout is larger than the amount of that is going to be paid off when you die.

I'm gonna go left, you're gonna go right, you understand me?

So I go to the insurance agent and the insurance agent says

The mortgage payment, we calculated that before, using our mathematical knowledge of geometric series.

If the world exists, if the sun does not supernova, I will be paying you this amount of money.

So what they do is out of this 10 , they pay them some of the basis points.

I'll pay with travelers' checks.

So he actually has 100,000 of cash to buy his pizzeria, so he buys it outright.

And then I'm going to pay you I don't know 35 in year 3.

Choice 3, I am going to pay you I'm making this up on the fly as I go I'm going to pay you 20 today.

Where you can pay this premium your whole entire life and in the event and you can just all the way until the day you die, so that when you die your family will definitely get the pay off.

You're a month behind with your rent.

And that company has the right to payments that are secured by mortgages.

You worked for us, but I'll tell you what, we'll sell it to you.

No se puede salir sin pagar!

Will you pay cash?

I mean, does it really matter?

Nobody was processing the credit cards.

So people are paying a discount to the number we just calculated.

I have paid. Now let me depart

So actually, let me do that.

1 of 1 million is another 10,000 a year in property taxes.

Because each of us are going to pay 10 per year, so we're each going to pay 10 on that 1 billion.

So he makes 2,000.

I'd like to pay the check, please.

loans, they're not liquid.

I'd like to pay with my credit card instead.

I probably wouldn't have noticed if you hadn't pointed it out.

This is all on me.

Insurance payment, it's on a monthly basis, right?

If you spent 62 dollars for a meal, the longer you take to pay out that loan, you see, over a period of time using the minimum payment it's 99 dollars and 17 cents.

So for example

So on day zero, you have a 200,000 loan.

How would you like to pay?

But in multi sided markets there might be users, but they're also might be very separate people who are payers.