Slate Money

This week explores a wild ATM glitch that let NYC teens withdraw unlimited cash, revealing ethical dilemmas and chaos. The conversation shifts to modern financial literacy, showcasing students struggling with unexpected banking fees. They also critique platforms like Yieldstreet, questioning the true accessibility of private investments. A provocative op-ed about sacrificing youth for wealth sparks a debate on societal pressures and the real meaning of success. Finally, the discussion touches on the evolving landscape of personal branding in today's digital age.

Join Steve H. Hanke and Matt Sekerke, both esteemed economics professors and co-authors of a new financial reform book, as they dive into the complex world of the U.S. monetary system. They unravel how misconceptions about the money supply fueled the global financial crisis and discuss urgent reforms needed in banking and monetary policy. The duo critiques current Federal Reserve practices while advocating for a stable money supply and tackling the U.S. trade imbalance. Get ready for a thought-provoking journey into fixing economic structures!

Dive into the intriguing world of travel spending! Discover why some are eager to pay extra for perks like legroom and quicker boarding. Explore the psychological factors behind impatience in air travel, revealing class divides and the pressures of status. Plus, learn about dynamic pricing in the restaurant industry and how it mirrors consumer behavior in airports. The discussion critiques irrational spending in upscale environments and probes the complex relationship between time and money while traveling.

The podcast dives into the intriguing intersection of state capitalism and corporate America, examining Trump's influence on big businesses. It also uncovers the alarming rise of 'wrench attacks' targeting crypto investors, shedding light on the dangers of digital wealth. The hosts discuss an audacious bid by AI startup Perplexity to challenge Google’s dominance with its beloved Chrome browser. Plus, unexpected and costly adventures involving a girl and a bat add some wild humor to the mix.

The discussion revolves around whether travel truly broadens the mind. It distinguishes between merely visiting places and immersing oneself in different cultures. The speakers argue that genuine engagement, even locally, can lead to deep personal growth. They explore how travel shapes cultural understanding and perceptions, and delve into the unexpected parallels between travel experiences and the philosophical notion of death. It’s a thought-provoking examination of how we interact with the world and the transformations that can arise from meaningful encounters.

Mary Childs, co-host of Planet Money and author of 'The Bond King', dives into the intricate issues surrounding the national debt. She discusses why current concerns about fiscal deficits demand attention, contrasting them with historical precedents. The conversation reveals the political fallout from Trump's firing of the Bureau of Labor Statistics head, highlighting the trust crisis in economic data. Finally, they explore Tesla's hefty incentive package for Elon Musk and its implications for corporate governance.

Cheyna Roth, a senior producer at Slate and former host of The Waves, joins for a lively discussion on the wealth dynamics in HBO's 'And Just Like That...' They explore Carrie Bradshaw's baffling real estate journey and the fantasy of affluence in New York City. The conversation tackles the discomfort viewers feel watching rich characters find happiness and debates the concept of 'hate watching.' Roth and Peck also reflect on the societal implications of wealth portrayal in media, making you rethink your favorite TV moments.

Travelers often face the dilemma of checking bags versus packing light. Discover tips on making the most of your carry-on, including the game-changing use of AirTags for tracking luggage. The discussion also reveals personal anecdotes about the stress of airports and creative solutions like luggage shipping services. Delve into the emotional highs and lows that come with travel, as well as practical strategies for mastering the art of packing. Embrace the journey with a mindset that balances convenience and minimalism.

Nathan Bomey, a business reporter at Axios and author of Axios Closer, dives into the tension between sports and gambling. He discusses how the sports betting boom threatens the integrity of major leagues and ponders if this controversy truly matters. The conversation also touches on the impact of recent tariffs on global trade, particularly their effect on luxury goods and job growth in the U.S. Amid all this, there's a playful look at sports as both genuine competition and an entertainment spectacle.

The resurgence of meme stocks, particularly labeled as 'DORK' stocks, sparks lively debates about their impact on the market. The hosts explore how investor sentiment is shifting towards speculative trends, like cryptocurrency ventures returning to the U.S. amid relaxed regulations. They also dissect the financial and political implications behind CBS's cancellation of a popular late-night show, suggesting it might not be just about ratings. Expect insights on market dynamics, fintech collaborations, and the interplay of politics in media!