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Slate Money

Rolling Dice

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 29 August 2020

⏱️ 46 minutes

🧾️ Download transcript

Summary

Felix Salmon, Emily Peck and Anna Szymanski discuss the Fed’s new monetary policy announcement, direct listings on the stock market, and all the ways to play Felix’s hypothetical dice game.  In the Slate Plus segment: The Dow.   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! Welcome to the Rolling Dice edition of Sleep Money,

0:17.0

your guide to the Business and Finance News of the Week.

0:20.0

I'm Felix, I'm one of Axios.

0:22.0

I'm here with Emily Peck of Huffpost.

0:25.0

Hello. I'm here with Anna Shimansky of Breaking Views.

0:29.0

Hello.

0:30.0

And boy, did we have big news this week.

0:33.4

The entire system of monetary policy for the United States of America

0:38.2

was unexpectedly transformed.

0:41.3

It's a big deal people, so we are going to talk about that.

0:44.4

We are going to talk about direct listings on the stock market, which are a new and fabulous thing that I think are going to become much more popular. And yes, we are going to talk about rolling dice we're going to talk

0:55.2

about rolling dice we're going to talk about all of the answers that you guys

0:58.7

sent into the question I posed last week thank you so much for sending in your answers. We're going to talk a lot more about that.

1:06.4

I am going to do all of this I have to mention from

1:10.3

the Gloria studios of Cplane Armada, the Jessaman Molly The Gessamin'Mollie multinational organization which is soon to go public in a direct listing

1:18.6

on the New York Stock Exchange.

1:20.6

Fill your boots.

1:21.6

It's an exciting show. Stay tuned, it's all coming up on slate money.

1:27.0

Okay, this is a huge week. I mean, we're in August and nothing happens in August except a bunch of

1:34.2

central bankers disappear off to Jackson Hole and go fly fishing. This is by the

1:38.6

way exactly why it happens at Jackson Hole. It is because Paul Volker was a big fan of flyfishing and the only

1:46.8

way they could get Paul Volker to come to this conference was by doing it in Jackson Hole.

...

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