Confused by the economy right now? So are economists.

Marketplace

News, Business

4.6 • 8.6K Ratings

🗓️ 18 July 2023

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

We talk with experts every day about this chaotic economy, up to and including today’s new retail sales data. But years of mixed signals mean economists are sometimes just as confused as we are. On today’s show, we’ll get a bit meta and talk with them about it. Plus: What those retail sales numbers and a recent surge in loan rejections mean (or don’t?) for the economy at large. Later, we’ll talk with economics BA, former teen idol and new author Ben McKenzie about why Hollywood fell hard for crypto.

Transcript

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0:18.6	to donate your car today.
0:21.1	The Fine Print Gang, you got to read The Fine Print.
0:29.3	From American public media, this is Marketplace.
0:33.9	In Los Angeles, I'm Kai.
0:44.0	Rizdole, it is Tuesday today.
0:45.8	This one is the 18th of July.
0:47.2	It is always to have you along.
0:49.3	Everybody, we try and mostly succeed, I think,
0:53.2	and staying out of the weeds on this program.
0:55.8	There lies peril if you are trying to make this economy
0:59.5	understandable.
1:00.8	But sometimes the weeds are where the story is.
1:04.0	So I am obliged to quote to you now, footnote number two
1:07.1	from table one of this morning's report on June retail sales.
	...

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