Konstantin Tsiolkovsky: I have to say it's been one of my favorite interviews we've ever done on trigonometry because you've just pierced straight through a lot of the things that I think are confusing and perhaps deliberately confusing for people or certainly for me. He says there is no such thing as a passive investor, markets are not driven by information, markets are driven by transactions. That actually creates extraordinary risks for us as a society because when retirement systems fail,. It's creating a liquidity crisis that I would argue is accelerating as we speak. When the pension system fails, that's when you move to an authoritarian system.