They pay 1 million.

It's why the purchase price is so high.

So of course, what matters in a home?

So, and maybe in particular the people who were going to buy this car at any given price point

The price of admission.

If you expect the future price to go up and the good or the product in question is something that you can store, well, depending on how much you expected to go up, you're probably more likely to buy now buy before the price goes up.

Look, Pat, First Rate got that contract fair and square.

Cocky much?

We went from aggregate capacity from one million with my original factory, to now 3.4 million.

So at 2 more people would wanna buy 'cause things gonna go up.

Now I'm making 300,000 a year. This seems like a good idea.

You assume too much.

I told you not to take too much.

What, autopsy for a pot overdose? Come on.

We haven't had a price increase in the last five years.

He is overconfident.

Tom is overconfident.

You guys in the suits get lost.

Well, that's cocky, Ben.

Finished off by a young'un.

Price

It's not necessarily owing to a master slave setup, but this is the general concept.

There was a glut of cotton goods due to cheap imports.

There are three reasons why this is the case.

It's just your pride speaking.

You're really full of yourself, aren't you, Doug?

Now you're getting cocky, huh?

Then auctions like eBay are another example of dynamic pricing.

Cheap imports will glut the market.

Essentially it had done something very simple.

I think Bernanke's exact words were that, we're not going to buy at fire sale prices, we're going to buy at hold to maturity prices.

But in this reality with competition, there's this huge incentive that, when you have extra capacity, especially if you have a lot of extra capacity, there's this huge incentive to lower prices so that you can utilize that capacity.

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

Orchards has.

There are challenges. There are challenges.

You're one of those egotistical smart alacks with big ideas.

You're getting cocky now, a little bit.

That would power the U.S. for hundreds of years.

Let's look at these cases a little bit more carefully and figure out what's going on.

Par value

Redemption

Present value

Present values

Future value

Dr. Price?