The economy grows, government accumulates more resources, and the government can invest in infrastructure rather than infrastructure being a cause for economic growth.

Well their intention was to take these home equity loans and put that money to work, invest it in some way.

The government has invested in basic education, has invested in basic health.

Seung Jo!

Something doesn't seem to make sense.

Monsanto supplies the seed to replace those crops.

Done this before is starting an enterprise, creating value, and taking something from beginning to end.

I'm talking about the situation where you had Pete, and Pete said

And that seems like a pretty reasonable proposition.

He valued what we already had at 5 million dollars.

I hope you invested if you can't invest in your own thing, why should I?

That's simply not true.

I heard that he was very experienced in overseas investments.

Or are you trying to get an intuition for helping to become a better investor?

(Laughter) Here's some advice from one of the largest investors in the United States.

The amount of money you get.

And then the company might have made some money there.

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We've also seen some evidence that all this is making a difference because private investment flows have increased.

So I think we all agree that if I were to build a factory that this is let's say I'll do everything in green as investment.

(Applause)

And also, a lot of the equity holders are the management of the company.

I just want to highlight one key feature of this system, which is the role of investment.

Google is one of our big partners here.

Now, fast forward to a situation like we are right now and the Federal Funds Rate is already at zero.

Investing in professional development is not a cost.

At the time they were mostly losing money.

And of course the investors would care that the money that they're essentially giving because they're giving money to the investment bankers who are giving money to

In a situation where you have growth, you put the new money into this.

Just to simplify the explanation.

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And then they give the mortgage to the investment banker, which packages them up and then sells them to investors.

Culture will.

So investor C, let's say he comes in and he puts in 20,000.

I've gotten millions of dollars from PowerPoint pitches.

But it's really not. As long as these investments are good investments.

Sure, we invest plenty in innovation.

It's actually about three percent.

So let's say that I've got a scheme, and what I'm going to do is I'm going to set up my investors, so these are my investors.

We said before any of this stuff on the top existed, the pre money valuation of just our idea was 5 million.

So then they funneled even more money.

So essentially, instead of Countrywide being responsible for my loan, my payments now go to these investors.

Whatever it is, whatever this new economy is, what we need the economy to do, in fact, is to put investment back into the heart of the model, to re conceive investment.

So we're starting to pay for things with money that we have.

Don't be shy of it.