But just answer your question, in the event of your death your family does not see the savings portion, they only get this payout right over here.

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?

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

With reference to the invoice No.56789 which was due last month, we have not yet received your remittance.

To him, being paid would have meant being a mercenary.

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

This tranche, they're going to get whatever is left over.

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.

So actually, let me do that.

And like before, the bank gives me 1 million.

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

I'd like to pay the check, please.

I'll pay with travelers' checks.

Let me do that in red.

You need to open an account at a bank to receive the payment.

You're left with 500,000 of pre tax income.

And so it would essentially be I gave them 100 thousand maybe to do some work for me it would be a transfer of money by giving a loan and then keep forgiving over and over it would be completely identical to giving someone a gift, which is taxed, or giving someone some type of income

That will now compound over the next month.

There's a huge difference between Africa. And Ghana is here in the middle.

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

I hope my old partners at VSI paid you well.

There were obviously financial sacrifices because he always refused to be paid.

Look,I only have 100 dollars, I have this customer, I'm doing thec atering for him this month.

Let's split the bill.

Well, when you lower the interest rate, the terms that are using that discount rate the most, benefit the most.

So this bank paid 1 billion for the right to get the interest and principal payment on those loans.

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

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

So it's a little bit more complicated than just saying, oh, look at that, they're giving a 6 coupon, which essentially means twice a year they're going to give me 3 of the value of my bond.

And you're probably asking, what do you get paid back for not liquidating it?

Because after you've paid your final payment, you're done paying off the house.

So we've collectively borrowed 1 billion from the bank.

Götz Werner We will do the following

And so I'll circle in magenta when you actually get your payment.

I'd like to pay in cash.

I'd like to pay in cash.

But, Way? We pay every resident a 1000 ,

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

Can I pay by credit card?

Can I pay with a credit card?

That will compound for one month.

So to live in this house, how much am I paying just in interest?

And the payments?

You don't pay any mortgage payments.

the wages I get paid?