Giant Money Gun

Slate Money

Slate Podcasts

Investing, Business

4.1 • 1.1K Ratings

🗓️ 18 April 2020

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week Felix, Anna, and Emily discuss the Paycheck Protection Program funds running out, Amazon’s current percentage of evil, and why companies would pay out dividends right now. “Coronavirus at Smithfield pork plant: The untold story of America's biggest outbreak” by Jessica Lussenhop in BBC News In the Slate Plus segment: Pandemic Bonds. Email: slatemoney@slate.com Podcast production by Jessamine Molli. Twitter: @felixsalmon, @Three_Guineas, @EmilyRPeck Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello!
0:12.0	Hello! Welcome to the giant money gun edition of Slate Money,
0:15.0	Your guide to the business and finance news of
0:21.0	yes, another crazy week week I'm Felix Hammond of Axios I'm here with
0:27.0	Anna Schmanske of Breaking Views hello I'm here with Emily Pack of Huffpost? Hello.
0:32.6	And we have a great show this week.
0:34.2	We're going to talk about stimulus payments.
0:36.2	We're going to talk about PPP payments.
0:38.2	We're going to talk about Amazon and how evil it is.
0:41.0	We're going to talk about dividends. We're going to talk in Slate Plus about
0:44.8	the IMF and the World Bank and what they are or are not doing to help the
0:48.8	poorest countries in the world. It's a jam-packed show and it's all coming up on slate money.
0:56.0	Okay, so I'm going to start with a weird kind of guessing game numbers round.
1:03.7	Anna, Emily, what proportion of Slate Money's listeners do you think received a stimulus payment in their bank accounts this week?
1:15.0	Well, that's just a good question.
1:17.0	I think it's a very small percentage.
1:19.0	I would reckon it's 10%.
1:20.0	I think it would be more than that.
1:22.0	I think it would be more than that. I think it would be more than I mean I'm going to go on the
1:24.5	assumption that probably 80% of our listeners in the US and the overwhelming majority of them the the I. R.S. what their bank account number is.
1:44.0	So it's not like they're going to have to wait for a physical check.
1:47.0	So at that point, the only reason why you shouldn't get a check is
	...

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