Marketplace

You know, to further expand upon that Pokemon analogy,

As a mortgage manager:

Ok, since it will take you a while to pay back the fifty dollars, I will take smaller payments, say ten dollars a week. The first few payments you make to me, will just be interest. Eventually, you will start “really” paying me back. In the end, you will pay me one hundred dollars for the fifty you have borrowed. If you want to pay me off earlier, It will cost you twenty five dollars, because I am counting on you to not have enough money so you will pay me more. I also thought I might tell you, that you are going to lose your baby sitting job because your neighbors found out that the neighbor on the otherside will babysit for $2.50 a week instead of the $10 you were charging. Although, there is a person across the street who need their yard mowed for $5 a week.

Olivia: So let me get this straight. I am going to pay you $100 for the $50 I borrowed or lose the card that, to be truthful, was really never worth more than $25, but due to everyone else expecting it to go up in value, did so. And to boot, I am going to lose half of what I make, and work harder to make it. Hey! Didn’t the neighbors I babysit for just get a huge bonus, go on vacation and buy a new car?

Thanks for this video. I understand what is happening much better than before. I have one question: what was the last word, or phrase, in the video? I could not hear it well enough—”… everyone is going to …” Thank you.

John