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Slate Money - Felix Hates Polls

Slate News

Slate Podcasts

News, News Commentary, Politics

4.56K Ratings

🗓️ 16 October 2021

⏱️ 46 minutes

🧾️ Download transcript

Summary

This week, Felix Salmon, Emily Peck and Stacy-Marie Ishmael talk about spoiled customers acting out, IMF chief Kristalina Georgieva and the scandal plaguing her job position, and a new poll finding that a third of households making less than $50,000 in the U.S. lost or spent their savings during the pandemic. 


In the Plus segment: The Coinbase proposal for an entirely new regulation system for cryptocurrency.


Mentioned In the show: 

Almost 20% of U.S. Households Lost Entire Savings During Covid” by Simone Silvan

Unruly customers threaten economic recovery” by Hope King

IMF chief Kristalina Georgieva survives China scandal: What you need to know” by Bjarke Smith-Meyer 

Policy goals for crypto market regulation” by FTX Research

Operational Framework of the Digital Asset Policy Proposal” by GitHub


Podcast production by Cheyna Roth.


Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:00.0

Hello and welcome to the Felix hates polls edition of Slate Money, your guide to the

0:17.8

business and finance news of the week. I am Emily Peck of Funrise. I am here with

0:25.2

Stacey Marie Ishmael of Bloomberg. Hello. And of course, I am here with your host,

0:33.2

your actual host, Felix Salmon, the hater of Polls, Felix? We are all hosts here, Emily.

0:41.0

Are you going to say your trademark greeting?

0:43.3

Hello, hello, everyone.

0:45.2

We had to try and work out whether Emily could do that

0:47.6

because I'm not going to call this the Felix Hates Polls editions.

0:51.0

That would be weirdly self-referential.

0:55.1

But we are going to talk about me hating polls. We are. And Emily did a great job. We're going to talk about Felix hating

1:00.0

polls. We are going to talk about customers behaving very, very badly and try and figure out

1:06.7

exactly why that is. We are going to talk about the drama at the IMF, which I initially thought was

1:13.5

boring, but you'll come to see is actually fascinating and highly political. We are going to talk

1:20.3

about the survey thing, as I mentioned. And in plus today, we're getting into crypto again,

1:26.0

because now we have our resident expert, Stacey, who can tell us

1:30.4

everything we need to know about Coinbase and regulation, all coming up on Slate Money.

1:38.0

So this week we had the Joltz survey, which stands for something, something labor turnover.

1:45.7

Basically, it's this big national, official, federal government survey, which measures how many

1:52.5

people are quitting their jobs.

1:54.5

And in August, it was an absolute record.

1:56.8

It was 2.9% of every single employed person in America quit their job in August.

2:01.9

That's an all-time high. I did some mathematics. If you keep that level going for 12 months,

...

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