Steve Saretsky

You could normally just sell your house.

You'd have a relatively liquid market.

And the market would typically be a little bit higher.

So you could sell, recoup all your down payment and your realtor fees and lawyer fees, and you'd get out.

I think today, obviously, when home prices are down, call it 20%.

a lot of that equity has been vaporized.

And so you don't want to sell and realize- That's my word.

Or you'd refinance, right?

You would refinance.

Yeah.

You know, the old saying, a rolling loan gathers no loss, right?

We do have the intro at the Looney Hour.

It says we've got to get Keith into Bitcoin.

So it might be this cycle.

Okay.

Nothing with valuations, Rich.

I know we're not spending a whole ton of time on Bitcoin, but like, yeah, Keith, the narrative is sort of broken down a little bit, right?

Which is like, oh, it's this hedge against currency debasement and like...

you know, the US dollar is losing its reserve status.

And so you're just seeing like, obviously like equity markets scream, like, you know, Bitcoin historically has tracked the NASDAQ and obviously- But it switched.