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The Money with Katie Show

A Masterclass in Connecting Status, Power, & the Economy with Tressie McMillan Cottom

The Money with Katie Show

Money with Katie

Self-improvement, Education, Business, Investing, How To

4.81.3K Ratings

🗓️ 25 June 2025

⏱️ 92 minutes

🧾️ Download transcript

Summary

Sometimes you encounter a person whose brain is such an effective X-ray for the world that you can’t help but spend 90 minutes working through a backlog of all the topics you’ve ever wanted to ask her about. Dr. Tressie McMillan Cottom is one of America’s foremost sociologists, a 2020 MacArthur Genius, a New York Times columnist, and author of Thick: And Other Essays.  I hope you enjoy listening to this conversation as much as I enjoyed having it. Get your copy of Rich Girl Nation: ⁠⁠https://moneywithkatie.com/rich-girl-nation⁠⁠ Transcripts, show notes, resources, and credits can be found at: https://moneywithkatie.com/status-power-economy — Money with Katie’s mission is to be the intersection where the economic, cultural, and political meet the tactical, practical, personal finance education everyone needs. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey y'all, Hannah here.

0:02.0

If you've been around a while, you know I'm all about Chase.

0:05.0

And if you're a business owner, you might like Chase for Business's online payment center.

0:09.0

With Chase, business owners can actually choose from different digital payment options, like ACH or wires, to pay vendors and employees.

0:16.0

Seriously, why choose snail mail over electronic payments?

0:19.0

Make life a little easier for your business when it comes to quickly sending large sums of money.

0:23.6

You can even choose the timeline, whether that's standard delivery, same day, or real-time pre-even faster payment.

0:28.6

Plus, you'll pay as you go instead of paying additional monthly fees for payments.

0:32.6

Chase is one of the first banks to offer this kind of thing, so if you think it could be right for you,

0:36.6

check out chase.com slash business. That's chase.com slash business. JPMorgan Chase Bank and a member

0:43.3

FDIC.

0:48.7

So regular Americans look at the GDP and understand intuitively that they, however, are not richer.

0:56.0

They are not more secure. Let me tell you what they do understand on a visceral level,

1:01.4

that if I have the right David Yermann stack and can snag one of the 20-year-olds in the

1:08.1

advanced MBA program at my elite college, I will still be driving my kids to school every day as a wife and a mother, but it'll be in a G-wagon instead of a minivan.

1:22.7

They understand that.

1:25.8

You can see these things in popular culture. I think that our emphasis on politics being

1:31.9

something that is area dight and is just about electoral politics really blinds us to how real people,

1:39.4

regular people interpret politics. We live our politics out in the crap we buy and the stuff we perform.

1:47.6

That's political, too.

1:59.2

Welcome back to the Money with Katie Show. I'm Katie Adi Tossan, and I am joined today by Tressy McMillan Coddham, a woman I have quoted countless times on this show.

2:11.6

Tressy is one of America's foremost sociologists, a professor at UNC Chapel Hill, a 2020 MacArthur Fellow, so this is the

...

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