4.6 • 3.5K Ratings
🗓️ 29 August 2018
⏱️ 29 minutes
🧾️ Download transcript
BONUS PODCAST: For the rest of August, in addition to More or Less you’ll get a brand new podcast, Economics with Subtitles. It’s your everyday guide to economics and why you should care. In this edition, Ayeisha and Steve make sense of interest rates. Why did they lead to coffins full of car getting sent to the US Federal Reserve? What factors affect what you have to pay on your loans? And what do your film choices say about why you decide to borrow?
Producers: Simon Maybin & Phoebe Keane Presenters: Ayeisha Thomas-Smith & Steve Bugeja
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0:00.0 | Just before this BBC podcast gets underway, here's something you may not know. |
0:04.6 | My name's Linda Davies and I Commission Podcasts for BBC Sounds. |
0:08.4 | As you'd expect, at the BBC we make podcasts of the very highest quality featuring the most knowledgeable |
0:14.3 | experts and genuinely engaging voices. What you may not know is that the BBC |
0:20.4 | makes podcasts about all kinds of things like pop stars, |
0:24.6 | poltergeist, cricket, and conspiracy theories and that's just a few examples. |
0:29.7 | If you'd like to discover something a little bit unexpected, find your next podcast over at BBC Sounds. |
0:36.0 | Hi, I know you're expecting more or less, but they have kindly let us break into their podcast feed to bring you four bonus podcast episodes. |
0:44.9 | Throughout August you'll get our podcast in addition to more or less. |
0:48.5 | It's called Economics with Subtitals and it's for people who maybe want to know a bit more about economics |
0:53.7 | but have been put off in the past. We hope you like it. |
0:56.3 | Hello and welcome to economics with subtitles. |
1:04.0 | Your everyday guide to economics and why you should care. |
1:07.0 | I'm Aisha Thomas Smith and I make podcasts about money and stuff. |
1:12.0 | And I'm Steve Béja, a stand-up comedian with a degree in economics |
1:15.5 | and this is the first time I put it to use. |
1:17.5 | What did you get? |
1:18.5 | Doesn't matter. |
1:19.5 | I am adequately qualified to present a show which breaks down the jargon and lifts the lid on economics its slimy underly. |
1:26.0 | Today on economics with subtitles we're looking at interest rates. What are they? Who sets them and why people will inevitably buy tickets to see Fast and Furious 14? |
1:35.7 | Don't worry, that will make sense at the end. |
1:37.6 | I'm going to start us off with a story about some very unusual post. Picture this. |
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