Lori Siegel
👤 Speaker
1950
total appearances
Appearances Over Time
Podcast Appearances
Behind the Bastards
It Could Happen Here Weekly 225
Why is nobody in jail?
Behind the Bastards
It Could Happen Here Weekly 225
And why didn't he bring the guillotine with him?
Behind the Bastards
It Could Happen Here Weekly 225
Into real money, because most of what we're talking about is not money.
Behind the Bastards
It Could Happen Here Weekly 225
It's the idea of money.
Behind the Bastards
It Could Happen Here Weekly 225
So liquidity is the only part of this that's actually money.
Behind the Bastards
It Could Happen Here Weekly 225
Everything else is not money.
Behind the Bastards
It Could Happen Here Weekly 225
So that $10 is actually worth more than $10.
Behind the Bastards
It Could Happen Here Weekly 225
I guess like when I put a small amount of my savings into a CD, that's what I'm doing, except normal style.
Behind the Bastards
It Could Happen Here Weekly 225
They're doing it weird.
Behind the Bastards
It Could Happen Here Weekly 225
Because that's like an illiquid asset that I'm trading the ability to access that liquidity for the potential of more money later.
Behind the Bastards
It Could Happen Here Weekly 225
No, a CD like at the bank.
Behind the Bastards
It Could Happen Here Weekly 225
Like the investment product.
Behind the Bastards
It Could Happen Here Weekly 225
Sorry, I was like... No, I'm not talking about buying compact discs.
Behind the Bastards
It Could Happen Here Weekly 225
I'm talking about investing.
Behind the Bastards
It Could Happen Here Weekly 225
Chief Dookie Officer.