Yeah, look at that. It's got PayPal and everything.

Solved

And in the case of Jason's business

So returning to those big challenges that I mentioned at the beginning radical increases in resource efficiency, closing loops and a solar economy.

Now, who are they accountable to?

That assets, A for assets, is equal to

But we'll do a whole playlist on that.

It has been reported that 32 trillion of paper assets were printed by one government alone.

And what is required is a combination of physical capital, institutional capital, human capital and security, of course, is critical, but so is information.

It should start to make a little bit of intuitive sense

Hopefully they add some value to our economy, and this diagram essentially explains what the financial system does, so in a capitalist economy, you have a lot of people with capital.

And then on the equity side, because we have no liability, so in this case assets will be equal to equity.

Louis helped me set up a PayPal account and everything.

liabilities plus equity.

Is it assigned?

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

So this is just another visual representation that

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

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

Simple economics.

But let's say its assets are worth 1 million.

We're going to perceive it as a good thing to go after.

It's actually right there in the PayPal account.

I thought we'd settled this.

Capitalist country.

Now, equity might not make a lot of sense to you right now, because I'm just saying, well, my equity is equal to my cash. in general, equity is just what you own.

I'm sorry.

I'm really sorry.

The economy grows, government accumulates more resources, and the government can invest in infrastructure rather than infrastructure being a cause for economic growth.

That could be, I don't know, animals. that could be cash, and what you need to do in order to make the economy grow is invest that capital into projects.

Why? McGEE Don't know.

I'll do that in yellow.

Let's figure it out. It's equity.

One, what shares are share of

You love your heroes.

liabilities plus equity is equal to assets.

I use 100 gold pieces.

And then the equity is, essentially we would look at this formula.

They are appealing for money to help refugees.

They are appealing for money to help refugees.

Our attempts at managing these systems are fragmented and simplistic, and not up to the challenges that we face today.

And I would have 250,000 left.

Whatever it is, whatever this new economy is, what we need the economy to do, in fact, is to put investment back into the heart of the model, to re conceive investment.

The matter is all settled.

As economy develops, labor intensive industries give way to capital intensive industries.