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Bubblicious Crypto

Slate Daily Feed

Slate

Business, News, Society & Culture

3.91.1K Ratings

🗓️ 18 June 2022

⏱️ 49 minutes

🧾️ Download transcript

Summary

This week, Felix Salmon, Emily Peck, and Elizabeth Spiers discuss the Fed raising interest rates by 75 basis points, the crypto crash, and Revlon filing for bankruptcy. 


In the Plus segment: Kraken 


Podcast production by Jessamine Molli.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

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0:00.0

Hello! Welcome to the Fabulous episode of Sleep Money, your guide to the business and

0:18.8

finance news of a week in which the Fed raised interest rates by 75 basis points. I'm Felix

0:26.0

Salmon of Axios. I'm here with my colleague Emily Peck. Hello, hello. And also with Elizabeth Spires.

0:33.1

Hello. And we're going to talk about the Fed. We're going to talk about what happened. We're going to

0:37.2

talk about those higher rates which seem to have caused a little bit of a crash in the crypto market.

0:44.0

Don't believe anyone who tells you the crypto is a hedge against inflation. We certainly learned

0:48.1

that in the case over the past week or month or few. So we're going to talk about the crypto

0:54.0

crash. We're going to talk about Kraken, which is a crypto company in Sleep Plus, the

1:00.2

in the middle of getting cancelled right now. We are going to talk about Revlon, which filed for

1:05.1

bankruptcy this week. It's all coming up in Sleep Money. Are you ready for a monzo business

1:12.8

bank account? Mike from Blue Water Plumbing was. Let's get paid quickly, especially when I have five

1:17.4

or six plumbing jobs in a day. I first used a payment link feature in my monzo business account.

1:21.7

I was impressed to how quick and easy it was. At the end of each job, I'll just create a payment

1:25.2

link, send it to the customer and get paid then and there. I can also track all of my payments

1:29.8

to my get paid tab. If you're ready for a monzo business account, apply today. Just search

1:34.3

monzo business, tease and seize apply. Only sole traders or limited company directors in the UK

1:39.5

can apply. What is surprising? Is it your celebrity crush knocking on your front door?

1:47.2

Is it barbecuing and not burning the sausages?

1:54.2

Is it realising your cat has more friends than you? Or is it finding hit

2:00.6

animals like Goran Lagan, Cowboy, Beepop and Tokyo ghoul to stream free on ITVX? You be the judge,

2:07.5

ITVX, the UK's freshest streaming service. Okay, it was 75 basis points, Elizabeth. This is

2:16.4

the rate hike that shocked the planet. Or maybe it was the CPI report a few days earlier that

...

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