If all of us were running at 100 utilization Actually, let's do that scenario.

Rick Mm hmm.

Hey, Lone Ranger.

Did you get the loan?

I can pay off my bank loan!

Who knows?

Let's say I make another loan for 300.

The mortgage...

OK, so now we're in an interesting situation.

They didn't make loans and then sell the loans.

I want more time

I got a mortgage. I got car payments.

Empress of the Lone Islands!

So they just kind of held fast and didn't sell their CDOs.

How many payments will it take to pay off this loan?

Interest on loans is high at present.

lender, that has maybe similar terms.

This is what I do. Okay?

Or they might even start to buy things that aren't Treasuries.

And just to be clear, so the asset within this entity are the loans.

Well I have the original mortgage on my house.

Most of the loans we're familiar with in our personal

Let's say it's um let's say its 10 billion of commercial mortgages.

I took a loan against the equity that

I do not need a loan anymore.

I don't need a loan anymore.

I no longer need a loan.

Maybe a billion of these are a loan from bank B.

And on the liabilities side, what was left?

So let's say, this person goes to a bank.

So let's think about how we manage our money.

So right here are a whole bunch of people's mortgages.

So what just happened?

So we get a 50 recovery.

What, bullets?

Can you pay off your loans in a year?

We don't need to invent solutions because we have them cash flow loans based in income rather than assets,

And for the sake of simplicity, I'm going to assume that the loans in this presentation are interest only loans.

And let's say you still owe pretty close to 150 thousand on the loan to the bank your loan might have even been an interest only loan but even after a year or two you're probably not going to pay down the balance of your loan too much it might be like 140 thousand, or 145 thousand

They don't know what my job is, how likely I am to pay the loan.

Well, I could keep making loans until I have 3,000 gold pieces of demand deposits.

My house is a mortgage free house.

I don't have an appointment, but I'm here to see mr. Roane of roane and associates.

For a total of 5 billion.

Well in the example I gave, I'm just Sal, I have no debt,