Joe Pinsker
speaker
1,247 appearances
30 recordings
1 series
first heard Oct 2022
last heard Jan 2025
Joe Pinsker’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · How Printing Fake Money Helped People Manage Their Cash · 12 Dec 2023
podcast
It's just an overwhelming, emotional, joyful, sort of hilarious reaction.
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Yeah, it's something that we don't encounter in real life very often, and all this prop money ends up looking so realistic at a distance that it's surreal.
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One of the more interesting reactions is the idea that when you sort of encounter this cash all the time, even if it's fake,
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it starts to make even real money look less valuable or like it has inherent value.
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It draws your attention to how money is just paper and ink at the end of the day anyway.
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And what's interesting also is the sort of next step of money wisdom that you can derive from that, which is that
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Just accumulating money in and of itself is probably not a great goal.
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The people I talked to were saying that you should start looking at money as a tool.
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It's something that you'd want to have a plan for using to make you happier if you're thinking about what to do next.
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Absolutely.
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That's definitely something that these prop money makers have learned from their years of working with the fake stuff.
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One of the more interesting uses for fake money that I heard of off camera is that one guy who runs one of these businesses says that he actually uses the prop cash to do his own personal budgeting.
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He uses it as a sort of visual aid where he'll make stacks of fake cash and be able to measure how tall is this savings pile looking or how much am I putting towards groceries each month.
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And he says that this has actually helped him.
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There's something more impactful to him about looking at the actual physical stacks of cash rather than looking at the numbers on screen.
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He even said that this has helped him put more money into savings.
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He looked at the savings stack and said to himself, I want this one to be a little bit taller.
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Absolutely.
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Fake or real?
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Yeah, this money ends up looking pretty convincing, so it's definitely something that happens.
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Showing 741–760 of 1,247 · page 38 of 63
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