Now, if you don't trust someone, you place restrictions on them, right?

You can kind of say they keep on renewing those loans.

Have you seen these guys?

And we'll go into this massive recession.

I'd like to apply for a smallbusiness loan.

I'm pulling out of his scheme.

Whether people will continue to loan them money.

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And so with patient capital from Acumen and other organizations,

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Well we learned what happens.

So that's a very handsome return.

What are you carrying?

One, two, three enterprises are put together to repay loans.

Papa went to the bank to ask for another loan.

To do this would require a single statute, a statute establishing what we think of as small dollar funded elections, a statute of citizen funded campaigns, and there's any number of these proposals out there

So it just forces the issue.

One of the greatest studies that we've been finding is that many times investors would ask this question

And so that cash ended up here.

And that was in place for a reason because you had to prove yourself worthy to get the financing.

Let's just show an example of how the actual mortgage works.

It could be patents, it could be licenses.

And the corollary of more people willing to lend, is you that the actual standards go down.

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loans that use secure contracts rather than collateral, because women often don't own land.

So once again, it's just a loan to someone else.

And that's the best they could do.

Let's see what happens when n is equal to 2.

So what is our payment amount?

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At the time, there was a microlending group in the village that gave her a 65 dollar loan.

And today, less than five years in,

Now there is still a big problem, in my opinion.

The bank accommodated the company with a loan.

How about a ruler? A ruler?

What I want to do in this video is go over the math behind a mortgage loan.

But in general, hopefully, I've shown to you that we can write the loan amount as the present value of all of the payments.

It is generally true that if the money supply and the money supply is more than just the amount of dollars that are printed.

Why don't we get people to sign the honor code?

The stability this provides is giving the farmers the confidence to invest.

Negative 2, take the absolute value, you get 2 times 1 2 is 1.

We're now moving into East Africa.

And then if we go to, let's say, 2003.

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So how do you get past a liquidity crisis like this?