The thing living in the back of Jay Powell’s mind

Make Me Smart

Marketplace

News, Business

4.6 • 5.4K Ratings

🗓️ 23 May 2023

⏱️ 19 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

There’s inflation, and then there’s hyperinflation. That’s what’s happening in Argentina, and it’s changing the way people do business and behave in the economy. We’ll talk about how Argentina is dealing with it and how it relates to the “sticky” inflation situation in the U.S. economy. Then, why reaching a compromise on the debt crisis may be harder than we thought. Plus, kids who love to read are making us smile.

Here’s everything we talked about today:

- “How a 12-year-old playbook is shaping the battle over the debt limit” from Politico

- “The messy money reality at the center of the debt ceiling fight” from Marketplace

- Biden-Harris administration proposal to protect Colorado River basin from U.S. Department of Interior

- “Three states agree to reduce water usage so the Colorado river doesn’t go dry” from NBC

- “TikTok Sues Montana Over State’s Ban of Its Service” from The Wall Street Journal

- “TikTok sues Montana over its new law banning the app” from NPR

- “Argentina Introduces 2,000 Peso Banknote. It’s Worth About $4” from Bloomberg

- “Highest-denomination bill in Argentina is now the 2,000-peso note, worth $4” from The Guardian

- “A tweet about a Pentagon explosion was fake. It still went viral.” from The Washington Post

- “Fake Pentagon attack hoax shows perils of Twitter’s paid verification” from TechCrunch

- TikTok from @casualgeographic on the unproblematic nature of the capybara

- “Kids’ reading scores have soared in Deep South states” from AP

- “Sold a Story: How Teaching Kids to Read Went So Wrong” from APM Reports

It’s our May fundraiser. We need to raise $350K to stay on track for this fiscal year, and your gift now can help us reach our goal. Give today.

Transcript

Click on a timestamp to play from that location

0:00.0	Parents and guardians, listen up.
0:01.8	Marketplace has a new podcast called
0:03.9	Financially Inclined, hosted by Yinelli Espanol
0:07.0	that's all about money lessons for living life your own way.
0:11.0	Financially Inclined is presented in partnership with Green Lights,
0:14.2	the Money App for teens with Investing.
0:16.6	Listen now to episodes in your favorite podcast app.
0:19.6	Whether your dog is in their puppy, adult, or senior years,
0:23.9	there's nothing better than more years together.
0:26.2	And the best way to feed their happy healthy life
0:28.7	is with fresh healthy food.
0:30.4	The farmer's dog makes it easy to keep your best friend healthy
0:33.4	inside and out with fresh recipes made from real meat and veggies.
0:37.2	Their pre-portion just for your pup and delivered right to your door.
0:40.8	Help your dog live a healthy life and get 50% off your first box of real fresh food
0:45.7	at thefarmerestog.com slash time together 23.
0:50.2	Jake, if you're there, I'm here, Kimberly's here.
0:53.2	It's all I'm saying. You got to push a button and we can go.
0:55.2	Oh, look at that. Look at that.
0:57.6	He doesn't even say anything. Look at us.
1:00.3	Hello, everyone. Happy Monday. I'm Kimberly Adams.
1:03.2	And welcome back to Make Me Smart,
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from Marketplace, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Marketplace and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.