How to shop during a crisis
The Indicator from Planet Money
NPR
4.7 • 9.5K Ratings
🗓️ 19 November 2024
⏱️ 12 minutes
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Summary
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Transcript
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| 0:00.0 | NPR. |
| 0:11.5 | It's a well-known fact that Americans love to shop. |
| 0:15.4 | We're just not always very good at it. |
| 0:18.0 | Panic buying is spreading across America. |
| 0:19.8 | Panic buying in full swing Thursday. Panic buying. Panic buying now. |
| 0:22.9 | Lots of panicking. |
| 0:24.8 | So, and that was caused by a dock worker strike last month that shut down ports |
| 0:29.4 | along the East Coast and South. |
| 0:31.7 | And some shoppers responded by raiding stores. |
| 0:34.6 | They were afraid that closed ports would mean a shortage of essentials, |
| 0:39.2 | including the king of essentials. |
| 0:41.8 | Look, we get it. Port strikes, pandemics, hurricanes, these are all scary things that can |
| 0:50.2 | lead to panic. And it can be hard to know what will and won't be on store shelves when they happen. |
| 0:57.1 | And that's why the indicator has your back. |
| 1:01.8 | This is The Indicator from Planet Money. |
| 1:03.7 | I'm Adrian Ma. |
| 1:04.7 | And I'm Stephen Besaha from the Gulf States Newsroom. |
| 1:07.7 | Today, we're going to talk to a supply chain superhero, |
| 1:18.0 | but how to shop no matter what's the latest crisis nodding up the supply chain. So keep calm and keep listening. |
| 1:27.7 | This message comes from Wise, the app for doing things in other currencies. Send, spend, or receive money internationally, and always get the real-time mid-market exchange rate with no hidden fees. |
| 1:34.0 | Download the Wise app today or visit wise.com, tease and sees apply. |
| 1:39.3 | This message comes from NPR sponsor, Subaru. |
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