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00:02

all right we're still in the mashup of tulips and beanie babies yeah kind of an

00:08

ugly sight there if you think about it alright question time here we go how do [text on screen]

00:12

you lift that lost their intrinsic value as this writing passage one that's the

00:14

definition of resent in the second paragraph of passage - do you know

00:18

that's the answer it's deep why do people love tulips

00:22

yeah they smell good and they look pretty that's their intrinsic value [tulips]

00:26

that's it when people stop appreciating these traits and instead view the [tulips in a supermarket]

00:30

flowers as a kind of you know currency well the intrinsic value is pretty much

00:35

lost the tulip becomes an asset instead of a thing of beauty

00:39

yeah show that to a henry david thoreau he would throw up well the prices of [man throws up next to tulip]

00:44

luxury goods were inflated due to tulip mania but that had little to do with the

00:49

beauty of the tulips and more with the fact that there was so much money

00:52

floating around so Nix a foreign investors flooded Holland with cash the [text on screen]

00:58

one tulip that's sold for a barn full of goods demonstrates it's trending value

01:03

not its intrinsic value so get rid of B and the fact that so many people

01:07

participate it also speaks to the abstract value of the investment so get [crowd of people]

01:12

rid of C yeah it's a weird weird world we live in

01:15

well let's talk about the intrinsic value of two lips and then we're talking [people kissing in car]

01:19

about something all right but that's for a totally different video different

01:23

audience let's go to bed

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