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Slate Money

Let’s TACO ‘Bout It

Slate Money

Slate Podcasts

Investing, Business

4.3988 Ratings

🗓️ 7 June 2025

⏱️ 51 minutes

🧾️ Download transcript

Summary

This week: Prices are going up, but inflation data has become unreliable under Trump. Felix Salmon, Emily Peck and Elizabeth Spiers discuss how staffing cuts at The Bureau of Labor Statistics have called economic data into question, and what that means for our economy. Then, someone went ahead and told Trump what TACO stands for and he’s pissed. The hosts discuss how a markets term coined by finance journalist Robert Armstrong went mainstream and whether Trump knowing about it changes anything. And finally, does Gen Z hate reading or not? What are these kinds of stories really telling us? In the Slate Plus episode: The most anticipated fight is ON! Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to Slate Money, your guide to the business and finance news of the week. I'm Felix Salmon. I'm here with Elizabeth Spires. Hello. I'm here with Emily Peck,

0:26.2

who is still at Axios. It's true. Hello. Hello. And we're going to talk about the inflage.

0:32.6

We're going to talk about inflation and whether it's high and whether it's rising and whether it's measurable anymore

0:38.0

and whether it matters we are going to talk about the taco trade trump always chickens out

0:46.2

it has become a whole meme we are going to talk about books and whether anyone even reads

0:51.4

them anymore we have a slate pluscluss segment on the Trump-Musk feud

0:58.6

that went from zero to 100 faster than a Tesla roadster. That's kind of how the segment went.

1:05.3

In terms of the velocity of that segment, Emily, where would you put it? It was like zero to 300 miles per hour.

1:13.3

You might even want to subscribe to Slate Plus for that one.

1:17.2

In any case, it's all coming up on Slate Money.

1:26.3

Prime Video brings thrilling entertainment.

1:28.3

Watch heavyweight detective Breacher, season 3 included with Prime.

1:33.3

Exactly how much danger is this job putting me in.

1:36.3

Treat yourself to the lovably chaotic Bridget Jones mad about the boy available to buy.

1:41.3

Did you have sex? Did you have sex?

1:43.3

Did you have sex last night? Yes!

1:45.0

And it was amazing!

1:47.0

Whatever you're into, it's right here.

1:51.0

Prime Video.

1:52.0

Click or tap the banner to find out more.

1:55.0

Race the rudder.

1:58.0

Raise the sails!

...

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