Lori Siegel
👤 SpeakerAppearances Over Time
Podcast Appearances
Put it on an easel.
I guess I still don't know what we're talking about.
That's like saying I keep 70% of the food in my house outside on the porch.
But that's more than our GDP.
So that's a fake amount of money.
That's not real at all.
So where does the money live?
So, like, OK, imagine this is Schoolhouse Rock and instead of the singing bill, you're like a dollar bill.
Like, where are you?
Where does the money live?
We can all do that now.
Right, it's like, we found a way to do financial crime that's not illegal because they forgot to make this illegal.
I love how much of the economy is based on guys just imagining stuff and agreeing on the thing they imagined and then trading their imaginary tokens.
Like, this is fucking pogs.
But the big loan is from a real bank, and then the little loan is from a fake bank?
So selling debt is like selling the idea of future money?