The Truth Behind Donald Trump’s Tariff Talk

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 28 December 2024

⏱️ 48 minutes

🔗️ Recording | iTunes | RSS

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Summary

This week: Paul Krugman may have ended his iconic New York Times column but he’s still going to tell us what’s going on. Felix Salmon and Emily Peck are joined by Paul Krugman to get wonky on global trade, discuss the relationship between politicians and economists, and examine the economic legacy of Joe Biden. In the Slate Plus episode: Favorite media of 2024. Want to hear that discussion and hear more Slate Money? Join Slate Plus to unlock weekly bonus episodes. Plus, you’ll access ad-free listening across all your favorite Slate podcasts. You can subscribe directly from the Slate Money show page on Apple Podcasts and Spotify. Or, visit slate.com/moneyplus to get access wherever you listen. Podcast production by Jessamine Molli and Cheyna Roth. Disclosure in Podcast Description: A Bond Account is a self-directed brokerage account with Public Investing, member FINRA/SIPC. Deposits into this account are used to purchase 10 investment-grade and high-yield bonds. As of 9/26/24, the average, annualized yield to worst (YTW) across the Bond Account is greater than 6%. A bond’s yield is a function of its market price, which can fluctuate; therefore, a bond’s YTW is not “locked in” until the bond is purchased, and your yield at time of purchase may be different from the yield shown here. The “locked in” YTW is not guaranteed; you may receive less than the YTW of the bonds in the Bond Account if you sell any of the bonds before maturity or if the issuer defaults on the bond. Public Investing charges a markup on each bond trade. See our Fee Schedule. Bond Accounts are not recommendations of individual bonds or default allocations. The bonds in the Bond Account have not been selected based on your needs or risk profile. See https://public.com/disclosures/bond-account to learn more. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hello and welcome to Slate Money, your guide to the Business and Finance News of the Week.
0:17.5	I'm Felix Hammond of Axios. I'm here with Emily Peck of Axios.
0:21.7	Hello, hello. And to end 2024, we have the most special of all of the special guests that we've
0:28.5	had on Slate Money this year. You need very little introduction, but Paul Krugman, welcome.
0:34.3	Hi there. Good to be on. Introduce yourself. Who are you? And where are you publishing these days?
0:40.5	Okay. So I'm an academic economist. It was just that for a large part of my adult life.
0:48.1	Started writing for Slate, by the way. That was my introduction to journalism.
0:51.8	The Paul Cronham columns at Slate were really good, I have to say.
0:56.1	They're always good.
0:57.2	God invited to write for the New York Times, which I did for 25 years,
1:01.5	retired from the Times just shortly before this recording,
1:06.2	and have begun self-publishing with my...
1:10.0	I had a dormant substack account, which has now gone
1:13.5	live, and all of a sudden I can be both wonkier and less respectful, ruder than I could ever
1:21.2	be at the New York Times. And so I'm posting almost every day, and let's see how this goes.
1:28.3	The New York Times is, it seems to be moving away from quantity these days.
1:34.3	It seems to be pushing people to write less, which is weird.
1:37.3	So if you want more old growing up than this, development is nothing but good news.
1:42.3	And we are going to talk about trade policy, of course, because that is your area of expertise.
1:48.2	We're going to talk about the Trump administration, what it's going to do in terms not only of trade policy, but also fiscal policy.
1:55.2	We are going to talk about.
1:57.0	Emily, what are we going to talk about?
	...

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