What Next: TBD | Tech, power, and the future - Too Stonks Too Furious
What Next | Daily News and Analysis
Slate Podcasts
4.3 • 2.4K Ratings
🗓️ 17 May 2024
⏱️ 25 minutes
🧾️ Download transcript
Summary
The 2021 subreddit-coordinated effort to raise the price of Gamestop stock was, in some ways, a proof of concept: the little guy can get into the market and make some noise. Because even though that “meme stock” rose and fell, the idea of the meme stock went has changed the way our stock market works.
Guest: Alex Kirshner, contributing writer for Slate.
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Transcript
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| 0:23.6 | Until 18-plus, T's and C's apply, exchange fees and fair usage limits supply. |
| 0:29.5 | While you're listening to this podcast, I'm causing mischief. |
| 0:35.0 | Like creeping past sleepy granddad to sneak a pot of Petty Faloo from the fridge. |
| 0:42.0 | Because Petty Faloo fuels the mischief. |
| 0:45.0 | Boom! |
| 0:47.0 | Mom says that Pettifaloo is made with calcium and vitamin D for healthy bones. |
| 0:54.7 | She knows best, most of the time. |
| 0:58.0 | Fueling mischief with petty flu. |
| 1:01.8 | A quick heads up before we get started, there is some swearing in today's episode. |
| 1:06.4 | Okay, here's the show. |
| 1:10.3 | Last Sunday night, around 8 p.m. a guy named Keith Gill logged on to Twitter or X whatever |
| 1:19.4 | and posted for the first time in three years. |
| 1:23.7 | It was only a picture, drawing really, |
| 1:27.2 | of a man sitting forward in a swivel chair |
| 1:31.8 | holding what looks like a video game controller. |
| 1:35.0 | That's Alex Kirsner, a contributing writer here at Slate. |
| 1:39.0 | And this image, it unlocked a certain kind of mania. What happened next? |
... |
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