4.6 • 29.8K Ratings
🗓️ 5 October 2022
⏱️ 22 minutes
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0:00.0 | This is Planet Money from NPR. |
0:04.0 | Ben Poole runs a high-end T-shop in the UK. |
0:11.0 | I don't think there will be a better smelling work environment personally. |
0:16.5 | Not only is the place rich with the aroma of exotic teas, it is also rich with history. |
0:24.3 | The building was built in 1177. |
0:26.6 | Sorry, did you say 1177? |
0:29.6 | 1177, yes, by the Normans when they conquered England. |
0:34.6 | Ben's business specializes in fancy, far-flung varietals that he buys in bulk from countries |
0:40.4 | like China and India. |
0:42.6 | Any time from early spring to mid-fall, depending on what type of leaf is being harvested. |
0:48.1 | And for months now, he has been biting his time to make a big purchase from Taiwan, |
0:53.4 | of a very particular kind of tea. |
0:56.4 | It's called Honey Han Cha. |
0:58.4 | It's a tea that smells like a perfume. |
1:00.8 | To buy that Honey Han Cha, Ben will have to use British pounds. |
1:05.6 | Which, if you haven't been following international currency fluctuations, have been on something |
1:10.2 | of a downward spiral the last few months. |
1:13.4 | So he's been holding off on sealing the deal. |
1:16.7 | Hoping the pound would regain enough value to make that fancy tea just a little bit less |
1:22.0 | expensive before it whithers on the vine this fall. |
1:25.5 | But then, a couple weeks ago, things got even worse for Ben and the pound. |
1:30.5 | In the form of a speech given to Parliament by the new Conservative Chancellor of the Ex-Checher |
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