Slate Money - One Dimensional Checkers
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 3 August 2019
⏱️ 45 minutes
🧾️ Download transcript
Summary
This week, the Slate Money hosts discuss Jay Powell’s announcement that the Fed is cutting interest rates for the first time in over a decade, delve into the messed up economics of generic drugs and follow up on the whole Equifax refund debacle.
And in Slate Plus: The latest college scam!
Follow@felixsalmon, @Three_Guineas,@EmilyRPeck
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Transcript
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| 0:00.0 | Hello, and welcome to the one-dimensional checkers episode of Slate Money, your guide to the |
| 0:19.0 | Business and Finance News of the week. |
| 0:22.2 | I'm Felix Salmon of Axios. |
| 0:24.4 | I am here with Emily Peck of the Huffington Post. |
| 0:27.5 | Hello. |
| 0:28.0 | I'm here with Anna Shemansky. |
| 0:30.1 | Hello. |
| 0:30.4 | And we are going to talk about Donald Trump, who has been playing one-dimensional |
| 0:37.1 | checkers on Twitter with China. |
| 0:40.2 | What could possibly go wrong? |
| 0:42.3 | We are going to talk about Jay Powell. |
| 0:45.2 | He cut rates. |
| 0:46.8 | We haven't had a rate cut in this country for over a decade. |
| 0:50.0 | That's kind of a big deal. |
| 0:51.3 | We are going to talk about generic drugs, which cost more than you think they might. |
| 0:56.4 | We are going to talk about Equifax, which is just, oh my God, what on earth? |
| 1:01.0 | You know, we're going to be a little bit more coherent than that, but not much. |
| 1:04.2 | We're just going to all sit around going, oh, my God, what on that? |
| 1:07.1 | We are even going to have a whole Slate Plus segment on the latest college scandal in Illinois. |
| 1:13.7 | It's a jam-packed slate money, so stay tuned. |
| 1:18.7 | Okay, this is going to be an amazing August episode because weirdly and strangely for August, |
| 1:24.3 | there's lots of news, and we are literally fighting with each other about what news are we going to cover. But the big news of the week, which we have to cover, is the huge |
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