Slate Money - Literally Making Money
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 22 June 2019
⏱️ 42 minutes
🧾️ Download transcript
Summary
This week, Slate Money talk about Libra, Facebook’s new cryptocurrency, the merits of upzoning and the Beyond Meat IPO. And in the Slate Plus segment: The billionaire who bought Sotheby’s. Email: slatemoney@slate.comTwitter: @felixsalmon, @Three_Guineas,@EmilyRPeck
Podcast production by Jessamine Molli.
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Transcript
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| 0:00.0 | Hello. |
| 0:11.0 | Welcome to the literally making money edition of Slate Money, your guide to the business and finance news of the week. My name is Felix Salmon. |
| 0:22.8 | I am the chief financial correspondent at Axios. I am here with Emily Peck, who has some |
| 0:28.3 | equally grand title at the Huffington Post. Senior reporter. There you go. I think a chief |
| 0:32.9 | in there, though. That's good. You should get a chief. And we are here with Chief Anna Shamansky. Yes. |
| 0:39.1 | It's an honorific with her. We just call her chief. We are going to talk about upzoning today. |
| 0:44.9 | We're going to talk about why Americans seem to be so resistant to optimizing the use of the land upon which they live. |
| 0:53.5 | We are going to talk about beyond meat and various other IPOs which are doing really well and ask ourselves, |
| 0:59.9 | what makes Beyond Meat so special and so appealing? |
| 1:03.6 | Pea Protein. |
| 1:04.6 | This was also a reference to a certain piece of English pop art, which we will reference in the Slate Plus, which is all |
| 1:13.2 | going to be about Sothebiz, which was originally an English company. But most of all, the thing |
| 1:18.6 | which we are going to be diving into is Libra, which is this brand new cryptocurrency |
| 1:26.0 | announced by Facebook and various other members of a |
| 1:29.0 | consortium. And they want us all to be buying and selling and spending Libra. Are we going to be |
| 1:34.8 | doing this? No. No, says Emily. All of that. Coming up on Slate Money. Okay, I'm super |
| 1:42.4 | excited to talk about Libra. Really? Yeah, I am because it's the first |
| 1:46.4 | time that someone has launched a cryptocurrency and people have taken it seriously from day one. |
| 1:52.6 | You know, Ethereum, it took like a few months for people to start taking it seriously. And even |
| 1:56.4 | then, people don't take it that seriously. Bitcoin took years. Lever barely even exists yet. I mean, |
| 2:01.5 | it only exists as a white paper and people are already all over it and a bunch of super big name |
| 2:06.9 | financial institutions have signed up with it. And it looks like with a pretty high degree of |
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