Or, how much can I expand my balance sheet?

We have to get the necessary capital ready for the plan.

To make money it is necessary to have money, capital.

You... You can start the ball rolling on that rehearing, and I'll be...

And what this allows because of this requirement, one, it kept me from keep making loans out

And then if I have time, I want to introduce another, almost related and often confused topic and that is leverage.

Some things take time to sink in.

The price of money will go down, that's what the federal funds rate is, it's the target rate, so I'll say Fed Funds Rate, it's the target rate that the Fed sets for the overnight borrowing of reserves between banks, that's the Federal Funds Rate, and it will go down and that's how the Fed tries to set the Federal Funds Rate.

We prepare.

So our total gold assets are 500 and what's our total demand accounts?

Prepares me for what?

Just make sure he has the money ready.

A cash nest eggeither from his exwife or the s.e.c.

But then the deals and the funding dried up, and suddenly,that reserve became very important.

Well, no. Because then a bank take on arbitrary amounts of risk and there are regulations, although I think a bank would do it on their own to some degree, but there're regulations called reserve requirements that tell us how much lending can a bank do relative to its actual reserves. In this case, it's reserves of gold.

less capital intensive that there's less money that's required

The ransom lies ready

I don't want to say total liabilities because the bank could take out loans that aren't demand loans.

So let me set aside 10 of that.

Now this is a huge achievement.

This is their current assets, and let's say that is is their liabilities over here, so liabilities, and then this is their equity, although the federal reserve's equity is a little bit strange, it's not like traditional equity, that they get all the excess profits and all of that, all the excess profits actually go to the US government.

And then third, from what I've heard from the entrepreneurs I've gotten to know, when all else is equal, given the option to have just money to do what you need to do, or money plus the support and encouragement of a global community, people choose the community plus the money.

I borrowed money from the company's cash reserve.

Would society be divided into two those who would continue to dominate the economy, with their

MM The day is here. Life will change.

About 1,700,000. It's a Federal Reserve shipment.

So there's no net investment.

Now, you know you need to launder your money, right?

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

Attention to detail in the preparation is the prerequisite of all planning

Preparation

Test Preparation

I have something to prepare...

Prepare for what?

It doesn't change the need to be prepared. I know.

Every time we went through a recession, from the mid '80s, onwards, the government solution was to make financing easier.

We had completed our Series B.

So my initial equity is 300 gold pieces.

Don't be disappointed.

Just give me a minute to prepare and get my things together.

100, 200, 300, 400 600 and I think this is another 100 here 700.

But I need some traveling money.

No matter how bad it was economically, he always got himself paid.

No stone left unturned.

I think I'll pucker up.