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Episode 259: Funny Money (Patreon)

Published:
2022-12-19 14:53:22
Edited:
2024-10-11 00:15:59
Imported:
2026-06
Tags:

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Content

TrueAnon FinCo correspondent and Financial Times journalist Alexandra Scaggs joins us to make sense of the multiple charges levied against FTX’s Sam Bankman-Fried,  what this has to do with our old friends at Tether, and just what JPoww and the Fed really think about the labor market situation. 

Files

Comments

Chance Page

Was not expecting the Will Stancil mention upon going back lmao

Kimble

can feel the spirit of Coindexter throughout the interview as Brace keeps phrasing his questions as riddles

Will

Fuck I love the Alex episodes so much

Buster Malino

So happy to see alexandra back on the pod!!!

swamy

Did this make it to the rss feed?

MoriBones

for some reason on my rss feed it's only showing the preview instead of the full episode

Little Shed

Yeah, I'm only getting a preview of the ep

Comrade Trev

I am also only getting the preview snip as the episode on RSS.

Irvin de la Rosa

One minute in and we're already doing Mayor Pete erasure.

Tom Clarke

came here to say this... someone get Yung Chomsky on the case!

original gay pussy eatah

hey siri how much farting is too much and when do girls quit thinking it’s funny and cute

NYCM&AHole

You sure that’s just “a feeling” and not “more than a feeling”? ::cue Boston guitar harmony::

JV

liz gamer confirmed

sir peepus

despite being only 13% of the canine population, pit bulls make up 52% of all dog bite crimes

Comrade Trev

After you updated it will say there is a large enough one but whenever I go to download it I get the 3 min one. Don't know if it's podcast addict or the RSS.

TrueAnonPod

If you already downloaded the initial file you probably need to delete that one manually in your podcast app

Comrade Trev

Yea IDK. I deleted it a bunch and it doesn't seem to work. It's fine though I can just listen to it through the Patreon app.

Steve D. (BG_Bell)

If you're on Podcast Addict, go into the episode, select the three dots in the top right corner and hit "Refresh Content from RSS"

Comrade Trev

Yea Steve, in my original comment that is what I am doing. It seems to recognize that it has been updated but only downloads the old version.

The Dank Tower

I’m jonesing for content and you make me deal with this carpet surfed 4min snip? 😤

ethan

ngl i fucking love vocal fry and uptalk

mira

The "wake up" at 4:10 made me laugh

Nick

Good measured use of sound effects on this one YC 🙏

B Smith

LETS GOOOO!!! SCAGGS IS BACK!!

The Dee's Knees

Loved this, always a joy to hear Scaggs join you! Still holding out for the Scaggs + Varoufakis + Matt Levine superpanel

Shiv

Liz, I need you to know that the hate you have for the company name “Binance” I share for a terrible looking newish Upper Haight era joint called “Bizza”

Rai

once again asking for y'all to stop being so fucking weird about fat people. go to therapy. eat a cookie. idk. just get some help.

Rai

it's just so weird to be supposedly socialist, while also having neoliberal brain worms

justdave

Pols are fake

Bryan

as a fat person: lol

Porphyrogénnētos

still no dice, can only see/download the 3 minute version (using pocket casts)

Rai

lol good for you??

Tomato cleats

y'all should just throw Alexandra Scaggs some $$ to come on monthly or bimonthly, these episodes are always TOP notch

K8

Neoliberalism is when fat joke

Bobby Volcano

Yung Chomsky confirmed for Dogcatcher Inutaro 2: Who Let the Dogs Out?

Sean

Skaggs baby skaggs baby skaggs

AbeLinkin

Mfs saying “arbitrage opportunities” like I’m supposed to be able to keep up when I originally signed up to know why the pedos are still walking around in public and why society makes me sad all the time. Can we have a TrueAnon for dummies series specifically for me plz?

Rai

I mean yea kinda lol. happy to give you reading recs, but it seems like you're willfully ignorant.

Rai

also good job misinterpreting me as if language isn't a reflection of the material. and these fuckers are *obsessed* with fatness. it's like the most glaring outlier of the show. it's strange and I'm allowed to say that. sorry you're upset.

Virus

Brace keeps one upping himself with the guest introductions

Simon

It's hard to imagine a recession with deficit spending going up through interest income payments from the gov to the banks. Commercial borrowing doesn't seem to have slowed either, which would indicate businesses feel the need to expand. I'd be curious to know what Liz thinks the mechanism will be to kick it off.

Everything Still Applies

Let’s take minute to acknowledge the man who coined the term stagflation was Dr Peter Beter… a man who among other things, could be argued…. Pioneered the Patreon podcast model with a paid subscription to his audio tape series.

Everything Still Applies

He also revealed the existence of organic robotoids and the Rockefeller vs Bolshevik split

I am become reply guy

Listening to the fed talk made me feel insane. Who is served by these policies? Certainly no one who has to work to pay rent or feed their kids. Why is so much deference given to the the interests of the worst people in our society? I mean, it’s one thing to labor in secret for the the reptilians, but to say out loud that it’s a good thing??? Is anyone listening to what these freaks are saying?

Zzz

I like this scaggs chick

Zach

Is it 4 minutes only for anyone else on the rss feed?

Nuan Sonar

Queen Scaggs!! I swear every episode y'all have her on is a certified classic

BruceInAdelaide

Maltese were stalwarts of the labour movement in Australia, when it was strong.

BruceInAdelaide

Alexandra Scaggs is always worth a listen!

kctoo

Bitcoin's hashing algorithm (SHA2) came out in 2001, not around the time Bitcoin came out (2009). By then, it was widely adopted outside of intel agencies. However, Bitcoin *is* an op and is "allowed" to exist. Most probably to pay informants and fund dark money branches of global alphabet agencies. To me crypto seems like a "never let a crisis go to waste" moment for intel agencies. More so than a well planned scheme.

Zakir KH

Brace has extra swag in this episode

BruceInAdelaide

We are privileged to have Alexandra Scaggs to listen to.

Luca

That rat doesn't even pronounce his last name properly.

Luca

Am I the only Maltese person listening to this podcast?

TrueAnonPod

It was fixed yesterday morning, you need to delete the cached file from your player

Katy Gruenbaum

Is there no way to contact you all other than messaging through Patreon?

Zach

ok thank u :)

Jordan Curl

i listened to this on shrooms and it made a lot more sense.

Kompromatic

The “it’s in the game” drop 😂

Andrew Dylan Jones Comedy (edited)

Comment edits

2026-09-09 19:00 commercial paper is the market that broke the dollar when Lehman brothers collapsed in 2008
2022-12-20 22:41

Grace

M

Grace

lelppkerr

Svid

Sorry Liz but girls are bad at gaming and if you're a gamer the thing you least want to be is bad at games

Jeff

The “expected inflation” concept is such a perfect example of PMC blue check brain and how they project their thought patterns on working class people. The vast majority of folks do not consider the future inflation on the bast majority of their purchases. The only exception is the people who made this theory up; the type that “float in a bubble to work”, as i think this podcast once aptly described them. A small minority isolated from what most normal people deal with, so their whole world view is warped. For real, who is like “oh i need to buy a TV now because it might be 7% more next year instead of 3% more!!!” Or a car, furniture, clothes, or whatever. Most people buy things they need (or want i guess) when the need arises & if they can afford at the time. Bleh

Null_null

No disrespect to Scaggs who is great and (probably) better in print, but Liz is always displays way more expertise than her guests on finance/markets stuff. Great stuff.

K H

If Liz doesn't get a PS5 with a fresh copy of NBA 2K I will be very upset. I know this show gets enough for Brace to afford it and I specifically paid for the "Buy Liz a PS5 tier"(me and my friends call it that). I'm being 100% serious. If I find out she didn't get one I will kms. I'll do it. I have my weed vape pen of super weed extract ready and I will fuckin do it right at the next live show in front of everyone. Do not test me. I am fully prepared to put this vape pen in my mouth and spray my brains all over the entire fucking audience.

Christopher Price

Yeah, I buy things when I absolutely need to, or have extra money, such as a larger than expected paycheck or when I get my tax rebate. I can't really plan on any of it, because these windows are very narrow. For everyday expenses everything is much tighter and I feel like I'm making less.

AT

Gamma is C

K H

They have internalized freak mindset. Like old religious doctrine. You clearly didn't study THE BIBLE.

K H

Is it bi folk eating pan pizza?

Ned Schafer

Scaggs is terrific, but you should try to get David Z. Morris on to talk about crypto. He helped break the story and would most likely come on.

Darius

I really hate it when they say basis points…

Doug Cartel

I want to say it's pronounced MACKLE-wee, but only because of the McElroy brothers and how they pronounce their bizarre irish name

wallace c

The sfx in this one went crazy

Billy Thunderhawk

Counteroffer, can we collectively stop talking about crypto all the time? So tired of it.

EmmyO

McGuffin joke was 👍 took me a minute to get it!

John S

half-maltese, half-irish here

Colin Clark

Yeah and the problem wasn't that mmmfs were buying CP, that's what they do, but CP hadnt seen a systemic crunch since, like, the collapse of penn central? But then CP froze up after Lehman

Gallo Altanero

Please look up this company started by the original iron chef and his wife called crypto culinary club. Good lord.

Michael S. Judge

great at laundering money, but waste it all on liquor