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Pop Culture Happy Hour

Dumb Money

Pop Culture Happy Hour

NPR

Books, Music, After Shows, Tv & Film, Film Reviews, News, Tv Reviews, Arts, Entertainment News, Music Commentary

4.510.6K Ratings

🗓️ 26 September 2023

⏱️ 22 minutes

🧾️ Download transcript

Summary

The snappy "eat the rich" comedy Dumb Money is about a sly bunch of Reddit users who made some Wall Street billionaires sweat, in an infamous stock market incident known as the Game Stop short squeeze. With a star-studded ensemble including Paul Dano, Seth Rogen, and Pete Davidson, the movie has got class warfare and needle drops galore. But will it inspire you to fight the power or just go out and buy some stocks?

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Transcript

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0:00.0

Once upon a time a time a

0:05.0

a slide bunch of Reddit users made some Wall Street billionaires sweat in an

0:10.0

infamous stock market incident known as the Game Stop short squeeze. Now just a couple

0:15.3

years later that saga has been turned into a snappy eat the rich movie comedy.

0:20.1

Dumb Money. It's got a star-studded ensemble that includes Paul Dano, Seth Roggan, and Pete Davidson.

0:26.0

It's got class warfare. It's got needle drops galore. But will it inspire you to fight the power or just go out and buy some stocks. I'm Stephen Thompson and I'm

0:35.4

Aisha Harris and today we're talking about dumb money on pop culture happy hour

0:39.4

from NPR.

0:49.0

Joining me in Stephen is Waylon Wong. She's the co-host of NPR's Daily Economics Podcast, The Indicator from Planet Money.

0:54.1

Hello, Wailin.

0:55.6

Hi, I'm waving my diamond hands at you.

0:57.8

Oh man, all of these terms that I had to slowly learn in the middle of this movie.

1:04.1

So I'm very happy you're here, Wailin.

1:06.7

I am delighted to be here.

1:09.6

So Dumb Money stars Paul Dana as Keith Gill, a quirky

1:13.5

youtuber and Redditor who spends much of his time analyzing

1:17.1

Wall Street. He's convinced that the retailer GameStop is severely

1:20.8

undervalued on the market and has thrown his whole life savings behind it.

1:25.0

Online, he evangelizes about how all the rich financiers are deliberately shorting the stock,

1:30.0

waiting to cash in on GameStop's failure.

1:33.0

Now after some time his observations begin to catch on with other amateur investors

1:37.0

and a movement grows to follow Keith's lead and raise the company's stock together.

...

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