...I'm printing the money so that I can buy particular assets,

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 me copy and paste that.

So the customer is going to give you cash in the future.

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

So in order to fix that credit easing, in Bernanke's sense, would be to go out and buy this type of asset.

And the federal bank will get these notes into circulation by going out into the market and buying assets.

So its assets.

So let me draw a dividing line here between the first and the second entrepreneurs.

If the government wasn't there, there wouldn't be this 100 billion entity wanting to buy assets.

Usage would be proportional users number 7.

Orchards has.

That assets, A for assets, is equal to

In this case, an EBlT might be a little bit more informative.

It does this in a couple of ways chasing productivity, which drives down prices and encourages us to buy more stuff.

Malibu Equity and Investments.

Lets say i run some type of sheep farm or some type of wool producing business and in year one i go out there and buy a bunch of sheep and i put them on some land and i go and buy the sheep for one million dollars and i buy the land for 1.2 million dollars so we have 2.2 million dollars in assets.

Purchase Album

The property was purchased with laundered political money.

I don't want to draw this box.

And rich, eh?

I'd say the stamp he's bought is a considerable asset.

I'll do that in yellow.

Now, the asset's worth zero, but at the beginning of this year, you buy a new asset worth 500,000.

He has to go out into the market and buy a share of IBM at this higher price, at 150.

And now we can see what happens.

It should start to make a little bit of intuitive sense

Malibu Equity and Investments. Roger Van Zant.

They key here is that people have ceased to be that capital purchase item and become like Styrofoam cups.

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.

When did he buy them?

Who you buying it for?

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

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

And this is what happens in the stock market every day.

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.

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

So this is just another visual representation that

It doesn't sound like we borrowed money or anything.

Remember liabilities plus equities are equal to assets.