Slate Money - Twelve Gallons of Milk
Slate Money
Slate Podcasts
4.1 • 1.1K Ratings
🗓️ 6 November 2021
⏱️ 48 minutes
🧾️ Download transcript
Summary
This week, Felix Salmon, Emily Peck and Stacy-Marie Ishmael talk about a recent CNN segment claiming milk has gone from $1.99 per gallon to $2.79 per gallon, the United Nations climate summit in Scotland, and the conflict surrounding the Penguin Random House merger attempt with Simon & Schuster.
In the Plus segment: Holding a tungsten cube.
Email: slatemoney@slate.com
Podcast production by Cheyna Roth
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Transcript
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| 0:18.9 | Hello! Welcome to the 12 gallons of milk episode of Slate Money, your guide to the business and finance news of the week. I'm Felix Hammond of Axiosios. I'm here with Stacy Marie-ishmail of Bloomberg. |
| 0:25.7 | Hello. Hello. I'm here with Emily Peck of Fundrise. Hello, hi. And we're going to talk about |
| 0:32.4 | milk. We're going to talk about the price of milk. |
| 0:35.7 | We're going to talk about the price of lots of things. We're going to talk about inflation. We're going to talk about |
| 0:38.7 | job growth. We're going to talk about monetary policy. We're going to talk about the economy. We're going to do one of those things because we did just have a tapering announcement from the Fed and a very strong jobs report this week. |
| 0:51.0 | So we're going to cover all that. We're also going to talk about the big news out of Glasgow and the big climate summit that went on there. |
| 0:58.0 | We are going to talk about Penguin Random House and Monopsony. We are going in Sleep Plus to talk about |
| 1:06.4 | Tungsten Cubes, which I can tell you is a surprisingly fun conversation to have. |
| 1:11.6 | It's a pretty fun one this week all coming up on slate money |
| 1:19.2 | This episode is brought to you by Revolute |
| 1:21.6 | Revolute is your perfect travel |
| 1:23.7 | companion for all things money. You can spend in over 150 currencies with great |
| 1:28.7 | exchange rates and withdraw from ATMs all over the world with no charges from Revolute within your plan allowance. |
| 1:35.2 | Sign up to Revolute at Revolute.com slash podcast reward and receive 20 pounds when you make your first purchase with Revolute. |
| 1:42.6 | Until 18-plus, T's and C's apply, exchange fees and fair usage limits supply. |
| 1:48.2 | Emily, are we going to lead with milk? |
| 1:53.6 | Yeah, I think we should. I mean everyone knows what milk is. It's not a complicated |
| 1:58.0 | economic term. We know about milk. What do we know about milk? |
| 2:02.0 | What do we know about milk? 12 gallons a week, right? Yeah, okay, so |
| 2:06.2 | we're talking about milk because CNN had a segment ostensibly about inflation in |
| 2:11.1 | which they featured a family in Texas with nine children that goes through |
| 2:17.3 | 12 gallons of milk a week I guess and the CNN dude went shopping with them at the supermarket which what family goes |
... |
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