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Slate Money

Slate Money - Win-Lose

Slate Money

Slate Podcasts

Investing, Business

4.11.1K Ratings

🗓️ 29 May 2021

⏱️ 49 minutes

🧾️ Download transcript

Summary

Joe Weisenthal of Bloomberg joins Slate Money to talk about his take on inflation, Exxon’s new activist investors, and Amazon buying MGM. 

In the Plus segment: Joe on the importance of semiconductors. 

Mentioned in the show:

"It’s Time to Talk About Something and Inflation Isn’t the Right Word for it,” by Joe Weisenthal for Bloomberg

What Scaremongering About Inflation Gets Wrong,” by Rebecca L. Spang for the Washington Post

"Daniela Gabor on the Critical Case Against Private Sector ESG,” by Joe Weisenthal for Bloomberg

"The Texas Winter Storm and Power Outages Killed Hundreds More People Than the State Says,” by Peter Aldhaus, Stephanie M. Lee, and Zahra Hirji for Buzzfeed

"How the Texas Legislature Could Change the state's Power Grid This Session,” by Erin Douglas and Mitchell Ferman


Email: slatemoney@slate.com

Podcast production by Jessamine Molli.

Twitter: @felixsalmon, @EmilyRPeck, @s_m_i


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

Transcript

Click on a timestamp to play from that location

0:00.0

Hello.

0:12.3

Welcome to the win-lose episode of Slate Money,

0:17.2

your guide to the business and finance news of the week.

0:20.2

I'm Felix Samuel of Axios. I'm here

0:22.7

with Emily Peck. Hello. I'm here with Stacey Marie Ishmael. Hello. And I am very excited

0:30.1

about this. I have been talking to Joe Weizantel about coming onto Slate Money for I believe,

0:35.2

what, five or six years at this point? It's been a long time. And Joe, you are finally here. They finally made it. You know what I think the key is? It's like, normally we like try to plan it in advance. And I think this time you're like, can you come on tomorrow? And I was like, yeah, for you tomorrow. And that's much easier for me than like actually trying to schedule or something. So I'm thrilled to find it.

0:55.1

It's very New York.

0:56.1

I'm so happy, like, we have managed to time this perfectly.

0:59.8

You're blogging again, which is amazing.

1:02.4

Joe has a blog which will cost you $35 a month to read, which is extremely democratic and exactly what we want from all blogs.

1:09.4

Just to be clear, it's on Bloomberg.com. So if you subscribe to the Odd Lots blog, you get the entire Bloomberg.com included. So it's a really good deal. It's cheaper than that. There's like a discount. So I'm selling. I'm selling here. Sell your podcast, by the way, which is like an absolute must listen podcast. It is called Odd Lots. It is free. It does not cost you $35 a month. But, yeah, Joe, you work for Bloomberg where you have a very grand title. You're a senior something. You're super fancy. I have a bunch of titles. You can just, I'm the co-hosted the podcast. That's all you. Let's make Joe blush.

1:46.1

Joe is a very big marketty-mark at Bloomberg News people. He is probably the most important

1:50.8

person we've had on in decades. We are going to talk about Joe's post, about inflation,

1:56.8

because Joe has a really smart take on the whole inflation thing. We are going to talk about ExxonMobil, shareholder activism and climate change.

2:06.1

And we are going to talk about Amazon, spending $8.5 billion buying MGM.

2:11.4

What on earth are they doing?

2:12.4

Does it make any sense?

2:13.7

We have a great slate plus segment where Joe explains why semiconductors are so important and how they're connected to chickens.

2:21.3

You're going to love that one.

2:22.3

It's all coming up on Slate Money.

2:26.3

So Joe, I think you wrote the smartest thing about inflation that I have read.

...

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