Max Levchin

hopefully uplift in people's moods.

But it's always the question we have to ask as well as being asked by our consumers.

Every time we approve a loan, we're asking ourselves, all right, come January, are you going to be, okay, cool, I'm ready to make my first payment, or was this a terrible mistake and what do I do with myself?

It's working out great so far.

I think the demise of American consumer has been greatly exaggerated.

People shopped just fine.

We posted some amazing numbers.

And we don't appear to be in a downfall or a spiral, which is some of the critics will have you believe.

I think the most important thing I'll say before and I'll say it again, just so long as we are close to full employment.

Yeah.

American consumers get paid well.

We earn excellent salaries.

We buy things for pretty good prices.

Sort of the talk of tariff-induced inflation appears to be exaggerated to at least a fairly significant degree.

If you get paid well and the holidays are coming up, you're going to buy gifts for your family.

Exactly.

So the guy, the money, the guy recognized me.

I'll tell you the full story.

Okay.

So the guy recognized me and said, Oh, I know who you are.