I feel like when we look at the financial system today, what you just described feels like only a portion now of the financial activity.

You've put your finger on it, Ross.

This feels like the late 2020s version of what was going on before the great financial crisis, where you had a whole bunch of activities in the financial system that were not at all about that core function of finance.

I'm writing a piece right now.

Forgive me.

Forgive me.

It has the words dumb money in the title.

One way that I've heard you define that in the past is, is this capital being allocated to things that solve real problems for real people in the real world? Can you unpack that framing that you