The price of human beings across the last 4,000 years in today's money has averaged about 40,000 dollars.

Smallest coin

Gross national product is a nation's total output of goods and services as measured in monetary value.

Our forebears would have had a really hard time pantomiming annual, flood, or currency.

So I have 300, 400, 700, 1,000.

Because although these two things are related, they aren't always exactly the same thing.

Everybody wants to live a life of meaning.

Citizens are confident beings.

(Laughter) Even if you ignore the scientific value of this thing,

If the communication takes away your advantage, there's no need for you to learn that kind of communication.

I have a simple life, away from any intrusion.

And so this is very interesting to know, because at the end of 2009, the North Korean regime decided to have a surprise currency reform and, as you can imagine, the people were very upset.

Money circulates through the banking system.

They tracked these on a separate website.

So its assets.

Almost all societies now have a money economy based on coins and paper bills of one kind or another.

Gross national product is a nation's total output of goods and services during a given period of time as measured in monetary value.

That assets, A for assets, is equal to

Malibu Equity and Investments.

The thing that really amazes me is that, today, people spend about eight billion real dollars a year buying virtual items that only exist inside video games.

That's against their interests. That's right!

leaves room for this kind of situation which is interpreted as being lucky.

Luck, an invention perpetuated by the monetary system which is also an invention.

I'm worth 11,000.

I don't want to draw this box.

And rich, eh?

When you hear the word forger, you often understand mercenary.

I'll do that in yellow.

For example, government treasuries is a liquid security or a liquid asset,

Wants are irrelevant. Necessities are paramount, and they must be related to planetary resources.

Something different from a worker.

Now that you are part of the monetary system,

So the equivalent of the Federal Reserve Bank in Cambodia was bombed.

When you tell another person 'mow the lawn, I'll give you 5 bucks' he says 'no' '10 bucks?' 'yes'.

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

And so what they're doing is, what Bernanke is saying, is he cares more about what winds up on the asset side of the Fed's balance sheet, because it takes these dollars that it printed, and goes and buys other stuff, and it wants to put some mortgage backed securities over here, it wants to put some AAA corporate debt over here.

I'll probably go into that in the next video.

We had deflation during the Depression, but that was collapse of the money supply, collapse of consumer confidence, a completely different phenomena.

Before roughly you had one gold piece per apple now you have less than one gold piece per apple.

This marked the beginning of slavery and barter which

Obviously , a machine you can't do all of those things to it, but you can at least touch it and possibly smell and taste it.

liabilities plus equity.

I could say owe 1,000 gold pieces owe 1000 gold

And what I wrote here is, it has 4 billion of liabilities.