Slate Money - A Bigger Hammer
Slate News
Slate Podcasts
4.5 • 6K Ratings
🗓️ 21 March 2020
⏱️ 46 minutes
🧾️ Download transcript
Summary
This week, the Slate Money hosts discuss the government’s plan to send out checks, the senators who used inside information to profit off the COVID-19 pandemic, and the latest news from China.
“Coronavirus: The Hammer and the Dance,” by Tomas Pueyo
And in the Slate Plus segment: Brazil.
Email us your questions about personal finance during the pandemic at slatemoney@slate.com!
Podcast production by Jessamine Molli.
Hosted on Acast. See acast.com/privacy for more information.
Transcript
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| 0:00.0 | Hello and welcome to the bigger hammer episode of Slate Money, your guide to the business and finance news of the week. |
| 0:23.8 | We had a mini episode on Wednesday to try and keep you caught up. We have a full episode today, but it is impossible to keep up with |
| 0:29.5 | what's going on right now. We're going to do our best to cover what's going on in Congress, |
| 0:35.2 | what's going on in the world, how the coronavirus will affect the |
| 0:39.8 | global economy, all of these questions in this episode. I'm Felix Salmon of Axios. I wrote a |
| 0:48.1 | newsletter this week, Axios Edge, with a whole segment about the sort of what this means for investors in the stock |
| 0:57.1 | market. |
| 0:57.5 | We don't cover that this week, but we are definitely looking at that. |
| 1:00.8 | And if you have any questions about your own investments or anything else, do please |
| 1:05.5 | send them in on SlateMoney at Slate.com and we will do our best to answer them. With me, I have Emily Peck of Huffpost. |
| 1:14.5 | Hello. |
| 1:16.4 | Who's going to try and explain how this crisis is hitting like hourly wage earners and that kind of thing. |
| 1:25.5 | With me, I have Anna Shemansky of Breaking Views. |
| 1:29.2 | Hello. |
| 1:30.1 | Anna has a whole Slate Plus segment about Brazil, |
| 1:33.7 | but she is also going to have a little fight with me |
| 1:36.1 | about what is the job of capital during a pandemic. |
| 1:40.5 | All of that coming up on Slate Money. |
| 1:46.5 | Let's start with America and the bailout. |
| 1:51.0 | We're all getting a check, or we will all be getting a check in what, two or three weeks, perhaps, from Steve Mnuchin for like like, a certain amount of money, it'll be up to |
| 2:04.3 | $1,500. |
| 2:05.4 | And then if you earn more than, like, $150,000 a year, it'll start going down after that. |
... |
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