So whenever they get this money into circulation they do go out there and they do buy assets usually treasury assets, and then they say even, Indeed, although the bank of Japan's policy, so he's comparing relative to what Japan did when they kind of faced deflationary crisis.

So let's just say 1 just for simplicity.

So its assets.

That assets, A for assets, is equal to

I don't want to draw this box.

And rich, eh?

He has no claim to the property.

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

It was both Communist and Totalitarian.

Malibu Equity and Investments.

It's American money.

I'll do that in yellow.

In a world without leverage so if I didn't have all this

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.

And what happens in bankruptcy?

I succeed to a fortune.

This is all the money I have in the world.

Haiti owed them the money, for lost property.

He is a man of wealth.

He's a wealthy man.

Or across the street from each other.

So the total assets were 5 billion in assets.

You'd have to give up 93 of your net worth.

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

By investing wisely, she accumulated a fortune.

She accumulated a fortune by investing wisely.

It's the same plot.

My mistake cost me my fortune.

Two, the scientific revolution.

My meteor, my price!

Each share in this case once again, if you believe that the assets are worth 1 million are going to be 1 million.

These are my assets, and these are my liabilities.

liabilities plus equity.

They are part of the same continuum.

I thought that might help.

So what's 1.25 ?

All of the assets needed to start the firm, the pizzeria.

Or they just have a super flush bank account.

Remember, every time it'd issue a loan, like for right here, it issued a 100 gold piece equivalent loan to D and instead of giving D 100 gold pieces from, say, right here, it just created a checking account for D, which later D paid to A and that's why it's labeled A right here. Let me relabel another thing because the gold is a different color just so you see the gold.

But let's just kind of think about a generic balance sheet for a bank.

So 225,000

I guess you could say non cash assets, right?

Are you a man of means?

I spent our entire life savings on these things.