The following podcast contains explicit language.

Hello and welcome to the Tehran and Sanofia edition of Slate Money, your guide to the business and finance news of the week.

I have two co-hosts. I'm Felix Sam and a Fusion. I have two co-hosts. I have Jordan Weissman, who has no idea what Tyrann is.

Is it Gaelic? I have... You're not even going to answer. Anna Shimansky. Hello. Who has no idea what Sanofia is. Nope. And so, yeah, these... They're famously two important characters on Game of Thrones. No. Never watched an episode. I actually, I like started searching. Like, I was like, no, that's not true.

I've never watched Game of Thrones, but I'm pretty sure there were two characters called Tyrann and Sanofi.

We are going to find out what Tyrann and Sanofia are later on in this episode.

We are going to talk about cryptocurrencies.

Not so much investing in them, not so much whether they have any value, but just the question of trading them. Is this something where like those red-blooded

Wall Street trader people can make money just by trading them up and down.

We're going to talk about that. We're going to talk about Neum, which is, I think, a character from The Matrix. And, um, Muhammad bin Salman is 32. I hold that that name is connected to the Matrix.

So, yeah, I mean, the Matrix came out when he was, what, like 19 or something.

Younger than that.

So, wait, it's entirely possible that a Saudi Prince is naming his $500 billion dollar megal city.

Vaguely after his favorite sci-fi character.

Yep.

That's amazing.

I also need to say that at the end of this show, Jordan, Anna, and I are going to wonk out about net interest margins, banks,

funding costs, and all manner of incredibly wonky things about interest rates.

We're going to answer the question of why bankers are so, so obsessed with high interest rates.

Or higher interest rates. They want the Fed to, or some bankers want the Fed to raise rates.

Why is that?

We will answer that question.

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