Planet Money - SUMMER SCHOOL 4: Inflation & Drinking Buddies

Inflation can be one of the scariest forces in the economy. As prices rise and your dollar doesn't go as far, you feel poorer, and it's all out of your control. To better understand inflation, we turn to the story of Brazil, where, in the 90s, hyperinflation threatened to derail the whole economy until the country turned to a group of unlikely heroes: four drinking buddies. | Subscribe to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney. |At this Summer School, phones ARE allowed during class... Check out this week's PM TikTok! | Listen to past seasons of Summer School here.

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CoinDesk Podcast Network - BREAKDOWN: US Senators Say BTC and ETH Are Commodities

A new bipartisan bill would make the CFTC the primary regulator of crypto and crypto exchanges.

This episode is sponsored by Nexo.io, Chainalysis and FTX US. 

Another day, another bipartisan crypto bill. On today’s episode, NLW covers the latest in a string of legislation that shows that Congress and the Senate are taking their role in determining how crypto is to be regulated seriously. He also covers the news that Michael Saylor is stepping down from the CEO role at MicroStrategy. 

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Nexo is a security-first platform where you can buy, exchange and borrow against your crypto. The company safeguards your crypto by relying on five key fundamentals including real-time auditing and insurance on custodial assets. Learn more at nexo.io.

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Chainalysis is the blockchain data platform. We provide data, software, services and research to government agencies, exchanges, financial institutions and insurance and cybersecurity companies. Our data powers investigation, compliance and market intelligence software that has been used to solve some of the world’s most high-profile criminal cases. For more information, visit www.chainalysis.com.

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FTX US is the safe, regulated way to buy Bitcoin, ETH, SOL and other digital assets. Trade crypto with up to 85% lower fees than top competitors and trade ETH and SOL NFTs with no gas fees and subsidized gas on withdrawals. Sign up at FTX.US today.

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with editing by Rob Mitchell and research by Scott Hill. Jared Schwartz is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsors is “The Now” by Aaron Sprinkle. Image credit: Anna Moneymaker/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8.



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The Gist - Pelosi’s Taiwan Tour

Speaker of the House Nancy Pelosi’s trip to Taiwan was unexpected. Accused of recklessness, dissuaded by Biden, cheered by McConnell, it was risky. What’s the possible reward? We are joined by Asia experts Neil Thomas from The Eurasia Group and Professor David Kang from USC, for an extended discussion on what the heck Nancy was doing. And while Madame Speaker is in the crosshairs of one of the world’s scariest military forces, her husband Paul is in the crosshairs of Fox News. Plus, Alex Jones under oath, and out of control.

Produced by Joel Patterson and Corey Wara

Email us at thegist@mikepesca.com

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Reset with Sasha-Ann Simons - Teen Beaten By Oak Lawn Police Released From Custody

Seventeen-year-old Hadi Abuatelah was released from custody Tuesday, after being hospitalized for injuries sustained during his arrest. A video widely shared on social media shows Oak Lawn police officers tackling and beating the teen, whom they say resisted arrest after being pulled over. Reset gets the latest from Chicago Sun-Times reporter Andy Grimm and CAIR-Chicago staff attorney Emma Melton.

Consider This from NPR - Abortion Bans Have Consequences For Wanted Pregnancies, Too

Since the fall of Roe v. Wade, a dozen states have implemented laws banning or severely restricting abortion. Those laws have consequences for wanted pregnancies, too.

NPR's Carrie Feibel brings us the story of a woman in Texas whose pregnancy took a sudden turn. Because of the state's abortion law, her case became a medical crisis.

This episode also includes reporting from NPR's Sarah McCammon and Melissa Block

In participating regions, you'll also hear a local news segment to help you make sense of what's going on in your community.

Email us at considerthis@npr.org.

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CoinDesk Podcast Network - THE HASH: Facebook Bets Big on the Creator Economy While Robinhood Cuts Workforce by Nearly a Quarter

The most valuable crypto stories for Wednesday, August 3, 2022.

"The Hash" hosts discuss a Wall Street Journal report saying that Facebook will bet big on the creator economy. Also, they dive into the Solana wallets hack and the staff layoff at broker Robinhood.

See also: Solana Wallets Targeted in Latest Multimillion-Dollar Hack

Broker Robinhood Slashing Nearly One-Quarter of Workforce

This episode has been edited by Michele Musso. Our executive producer is Jared Schwartz. Our theme song is “Neon Beach.”

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Motley Fool Money - “A horrible use of $2 billion.”

Airbnb's record bookings in the 2nd quarter weren't enough to boost the stock higher. Why?

(0:25) Tim Beyers discusses: - Airbnb's highly questionable decision to allocate $2 billion for a share buyback plan - Match Group shares hitting a new low as the business clearly has work to do - MicroStrategy CEO Michael Saylor stepping down after the company reports an eye-popping loss of $94 a share

Sign up for Stock Advisor at http://fool.com/foolfest and you’ll get a complimentary digital pass to our FoolFest 2022, our 2-day investing conference!

(13:35) Ricky Mulvey talks with WSJ tech columnist Christopher Mims about Meta Platforms, Apple, and how companies are really using artificial intelligence.

Stocks discussed on the show: ABNB, MTCH, BMBL, MSTR, META, AAPL

Host: Chris Hill Guests: Tim Beyers, Christopher Mims Producer: Ricky Mulvey Engineers: Dan Boyd, Rick Engdahl

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Federalist Radio Hour - How Our Culture’s Premature Embrace Of Big Tech Is Hurting Americans

On this episode of The Federalist Radio Hour, Clare Morell, a policy analyst at the Ethics and Public Policy Center where she works on EPPC’s Big Tech Project, joins Federalist Culture Editor Emily Jashinsky to discuss how social media is rewiring kids' brains and how our culture's premature embrace of Big Tech has hurt generations of Americans.

You can find Morell's article "Parents, Are You Prepared for the Digital Dangers Your Kids Face?" here: https://www.nationalreview.com/2022/07/parents-are-you-prepared-for-the-digital-dangers-your-kids-face/