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Slate Money

Slate Money - Rolling Dice

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 29 August 2020

⏱️ 45 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


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

Transcript

Click on a timestamp to play from that location

0:00.0

Hello!

0:12.5

Welcome to the Rolling Dice Edition of Slate Money, your guide to the Business and Finance News of the Week.

0:21.2

I'm Felix Salmon of Axios. I'm here with Emily Peck of Huffpost. Hello. I'm here with Anna

0:27.1

Shamansky of Breaking Views. Hello. And boy, did we have big news this week. The entire

0:34.4

system of monetary policy for the United States of America was unexpectedly transformed.

0:41.3

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

0:55.3

about rolling dice. We're going to talk about all of the answers that you guys sent in to the

0:59.7

question I posed last week. Thank you so much for sending in your answers. We're going to talk

1:04.0

a lot more about that. I am going to do all of this. I have to mention from the Gloria Studios of Seaplane Armada,

1:13.6

the Jessamine Molly multinational organization, which is soon to go public in a direct

1:18.2

listing on the New York Stock Exchange, fill your boots. It's an exciting show. Stay tuned.

1:24.3

It's all coming up on Slate Money. Okay okay this is a huge week i mean we're in

1:31.6

august and nothing happens in august except a bunch of central bankers disappear off to jackson

1:36.1

hole and go fly fishing this is by the way exactly why it happens at jackson hole it is because

1:42.4

paul volker was a big fan of fly fishing and the only way

1:47.0

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

1:50.8

Now, of course, it's all virtual, but for the first time that I can ever remember,

1:56.4

Jackson Hole has actually committed like major news.

2:00.6

Jackson Hole is now like more of a news place than Davos ever has been.

2:06.1

Well, most things are a bigger news place than Davos has ever been.

2:09.6

This is true. But yeah, this is the first time ever that like some boondoggle conference has committed news.

2:15.5

And that is because the Fed came out at Jackson

...

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