Loyalty is in no way comparable to a commodity. It cannot be bought, it cannot be sold, it cannot be traded.

Where you been all your life, Dr. Bill?

My question is which way the tradibility goes for fungible. If a dollar bill is fungible because one dollar bill is just as good as another are our investment bankers, corporate lawyers, and equity traders fungible because one is just as good as another? The quote makes it sound as though it's the jobs and not the investment bankers corporate lawyers, and equity traders that are fungible.