And so with patient capital from Acumen and other organizations,

Rnd, industry cofinancing, Prizes.

2008 happens.

I guess you could say non cash assets, right?

Local finance are bankrolling the industrial promotion program.

And so that cash ended up here.

We had a 10 return on assets.

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

I don't know what other of my assets are going to fail.

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

So this is lending some cash.

Interest is nothing but rent.

What is the money system? What is the money behind the money system?

What is the money behind the money system?

The money which people can take has lower interest rate, people can repay it without fear.

To get some future benefit.

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

The main person who caused that financial scandal is the president of ABC investment bank.

Clearly, we're living in a moment of crisis.

That missing piece is money.

These are demand accounts.

So for example, cash is an asset.

Whether people will continue to loan them money.

So this is the treasury yield curve.

But essentially what happened is the investors in the mortgage backed securities provided the money to the special purpose entity to essentially loan to the borrowers.

The bank is going to be able to fulfill its promise.

Notice, when I did this balance sheet

The least important form of capital, in this project, is financial capital money.

Deposits on long term leases.

Debt's a little different.

So its assets.

Do they have a point about that? MARlO MONTl

And everywhere, as people think about the unprecedented sums which are being spent of our money and our children's money, now, in the depth of this crisis, they're asking

Just quickly on the results.

Well we learned what happens.

The firm went under due to lack of capital.

What are you carrying?

I'm pulling out of his scheme.

This is cash above and beyond what's needed in the cash register.

That assets, A for assets, is equal to

Mortgage backed security.

Do Low Interest Rates Ensure High Asset Prices?

Malibu Equity and Investments.

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

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