Who Elected Elon?

Slate Money

Slate Podcasts

Investing, Business

4.3 • 988 Ratings

🗓️ 21 December 2024

⏱️ 56 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This week: Elon Musk posted enough misinformation on social media to get a bill blocked and necessitate a government shutdown. Felix Salmon, Emily Peck, and Anna Szymanski discuss the multi-billionaire’s tweetstorm that convinced congress not to pass a bi-partisan spending bill and how he has been able to so blatantly buy that power. Then, Anna helps break down the economic crisis that is unfolding in Brazil and gets wonkish on the latest Fed rate cut and trade deficit. And finally, Amazon and Starbucks workers across the country have gone on strike. Emily explains the subtleties of the disputes. In the Slate Plus episode: What’s your gift giving strategy? 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. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Hey, it's Felix with a quick Saturday morning update, and apparently the government is open now that the House and Senate have managed to come to an agreement.
0:11.7	Elon Musk decided to kind of change his mind, and it all went through.
0:15.6	But with that said, let's get on with the show.
0:29.7	Yeah. said, let's get on with the show. Hello, and welcome to Slate Money, your guide to the business and finance news of the week.
0:37.2	I'm Felix Hamm Samuel of Axios with
0:39.0	Emily Peck of Axios. Hello, hello. Elizabeth Spires is in Alabama somewhere. So we are back with
0:46.9	the inimitable, wonderful and brilliant Anna Schumansky of Reuters. Hello, hello. Anna, welcome back.
0:53.5	We have constructed an entire show around your wonkish predilections this week.
1:01.2	We're going to have a whole discussion about exchange rates, which I feel like we can
1:04.8	only have the whole discussion about exchange rates when Anna Schumansky is on this show.
1:08.1	We are, of course, going to talk about Elon Musk blowing up the government because we have to do that.
1:13.6	We are going to talk about the rate cut, which happened this week and whether it was rather
1:19.1	more hawkish than people thought.
1:20.6	We're going to talk about the strikes that are happening this week at Amazon and Starbucks,
1:25.0	which are mostly not happening, but definitely there are some that are.
1:28.5	We have a Slate Plus segment on gifting strategies.
1:33.2	It's a good one this week.
1:34.5	It's all coming up on Slate Money. This podcast is brought to you by Progressive Insurance, fiscally responsible, financial geniuses, monetary magicians.
1:55.6	These are things people say about drivers who switch their car insurance to Progressive and Save Hundreds. Visit
2:01.8	Progressive.com to see if you could save. Progressive Casualty Insurance Company and
2:06.4	affiliates. Potential savings will vary. Not available in all states or situations.
2:14.1	This episode is brought to you by B-Streamwise. As we get underway, the stakes couldn't be higher.
	...

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