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How does the economy work? (and other important money questions)

How does the economy work? (and other important money questions)

Released Tuesday, 14th May 2024
Good episode? Give it some love!
How does the economy work? (and other important money questions)

How does the economy work? (and other important money questions)

How does the economy work? (and other important money questions)

How does the economy work? (and other important money questions)

Tuesday, 14th May 2024
Good episode? Give it some love!
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Episode Transcript

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0:00

Hey Bazillion Airs! We're excited to

0:02

be back this week to answer

0:04

more a few really good money

0:07

questions that first this episode has

0:09

presented in partnership with Greenlight. The

0:11

card and money up for kids

0:13

and teens. Green Light helps young

0:15

people develop healthy financial habits by

0:18

learning to earn, save and invest

0:20

or limited time. Million puzzling listeners

0:22

get one month free and an

0:24

extra ten dollars when they sign

0:26

up for Greenlight account a Green

0:29

light.com/million That's greenlight.com/million. Haley

0:35

Billionaires. It's Bridget here and we want

0:37

to hear what you think about. Million

0:39

Bazillion, Please help us out by filling

0:42

out a short anonymous survey at Marketplace.

0:44

Dot Org flashed survey.

0:54

Or. Richard Pryor was here on

0:56

air at one that. Hooked

0:59

podcast with Bridget. I'm not used to

1:01

There's Hope broadcasting. Think we should have

1:03

agreed to a live radio show? It's

1:05

just not Lane, you know, Ryan. We

1:07

can not turn down an opportunity this big.

1:09

It's Financial Literacy Month. We're taking over his

1:11

radio broadcasts to help celebrate. This is going

1:13

to be huge for us, will reach a

1:16

national audience. Financial literacy are barely bastard regular

1:18

literacy. What if I run out of things to

1:20

say? Plus you know what happens when I get

1:22

nervous? I start speaking in that British accent. You

1:24

know. Now that only happened like one

1:26

time, there's no way you're going to start talking

1:29

in the British accent again. You can it be

1:31

great how hard can been on the radio even

1:33

be away as it is up and I don't

1:35

know that I can fix that. I can think

1:37

that. Who reject. I'm

1:40

not wearing my lucky socks. I knew I was

1:42

missing something but I guess that doesn't or be.

1:44

we have to postpone. We can't. I can't go

1:46

on. Micro.my lucky Sox. We going to air and thirty

1:48

seconds. Ryan: What Lucky Sox are you even talking about?

1:50

They can't be that important. I've never heard of on.

1:53

I was wearing them a I Met Scribble Shakes and

1:55

I haven't watched them since. They've never let me down,

1:57

not even once. Ah haven't you had

1:59

skill share? The like? Nine years your

2:01

life and ten seconds happy. That's why

2:03

you need to pull it together. Sox,

2:05

You know, Sox. The. Show Must go

2:07

and check check check check Surpassing they're not

2:10

a check check check and I read and

2:12

okay nobody panic or I target or not

2:14

editor just one. Hey.

2:24

Everyone I'm Bridget Thanks for tuning

2:26

into Million Brazilians First ever call

2:29

in radio show. I'm here with

2:31

my So hosts Ryan. Ah

2:33

hey everybody's your mates. I'm Rise or

2:35

were billion zillionaire we have dollars make

2:38

more sense. Were coming to live from

2:40

the Marketplace World Headquarters in sunny Los

2:42

Angeles. the on the lot of buttons

2:44

his studio. Do

2:46

we don't touch the sound effects but insisted

2:49

scratch. Others:

2:51

A kind of person. Becca I can take

2:53

it from. yeah, It's. Gonna

2:56

be a train wreck. We're going to be taking

2:58

your calls and answering some questions. Today are phone

3:01

lines are open and we have our first call.

3:04

Hi My name is Stellar

3:06

and I'm in Austin, Texas.

3:08

Hi Stella, your ally at on the Air

3:10

or what's your question for million Brazilians. My

3:13

question is why do we

3:15

use money So glad she

3:17

says a paper. Like.

3:19

Op is one we've money's whether it's me out

3:21

of paper or not because we trust that it

3:24

has value that we can be paid in money

3:26

and then use it to buy. the things we

3:28

need and paper build are pretty easy to use

3:30

their light weight to carry, you can put him

3:33

in your pocket. Ouch. Oh whoops. I

3:35

just above my head on my mike nodding

3:37

in agreement. Go on. Without a

3:39

whole episode about it and why money was

3:41

invented in the first place, I'll put it

3:43

on our website marketplace.org. Slash million.

3:46

Art. Stella, We hope that answers your

3:48

question. Thanks for calling these. Okay,

3:51

ah, I'm I'm feeling better about this.

3:53

Let's keep things easy. Breezy with a

3:55

nice simple question from a kid. I'm

3:57

just going to take a little civil

3:59

war. Next. Caller you

4:01

are on million Bazillion Live Hi

4:04

My name is Francisco. I'm

4:06

calling from Placentia, California.

4:08

Pay Francisco? Oh what's your question?

4:11

I wanted know. how does the

4:13

economy where he slept. Who

4:16

resist? Oh come on my man. Was

4:18

that's a great question? I mean it's a

4:20

big one, but very relevant. Greatest

4:23

Titles. What's the meaning of Life

4:25

next? So okay how does the

4:27

economy work? Ah ah well we've

4:29

never answered that question before and

4:31

this is like usually when we

4:33

turn to are very well researched

4:35

and well plotted storytelling idea to

4:38

help illustrate the answer to the

4:40

question. But ah I'm realizing who

4:42

her factually live right now and

4:44

we'll have any that. Ah ran

4:46

as start by telling us what the

4:48

economy is. Ah yes,

4:50

well. the economy

4:52

is what is

4:54

this really big

4:56

thing? You're. In it. I'm

4:59

in it. We I haven't had. yes. We.

5:01

Can look up the definition of autonomy in the dictionary

5:03

through gotta be one of those. Around office

5:05

somewhere outlines you're in charge.

5:08

I'll be reckless. Or.

5:11

The thing about the economy is

5:14

that sometimes it's like this. And

5:18

other times it's a little more

5:20

like Goods on. Ah, But

5:22

if you ask the experts

5:24

about it will probably say

5:27

like or maybe even to

5:29

see chanted One and only

5:31

as soon as. I

5:36

guess is a series. Oh I'm

5:38

sorry. okay I'm I'm sorry the

5:41

ass looking for E C B

5:43

C. O and oh and

5:45

why? Okay here it is

5:48

Autonomy Autonomy now on. Aura.

5:50

Francisco you're ready to hear the

5:52

answered your question. Francisco.

5:56

You still there could hear me? Oh.

5:58

No. It's. Over. The whole drop.

6:01

We. Must Francisco! Francisco.

6:05

Or prose back. Okay, does anyone have Francisco's number?

6:07

If you know a Francisco out there for a,

6:09

tell him to get back on the line with

6:11

Million Bazillion. We've never lost the color and we're

6:14

not starting today. Only how mad. Okay we

6:16

better take a quick break gonna make your

6:18

phones are working and then we're going to

6:20

have an even better answers too many questions

6:22

they after this. And

6:28

now it's time for asking

6:31

random kids not so random

6:33

questions. Today's question is if

6:35

you could design a new

6:38

symbol and money, What would

6:40

it look like? A new

6:42

symbol for money? Or the an

6:44

armed with them up says well. Being

6:47

of name of a long time know

6:49

what? Muslims a lot. Of

6:54

a. I

7:00

do a lot of these far.

7:03

Closer. Cause for alarm on

7:05

my mood. colorful. That.

7:08

Was Cornelius and Spokane, Washington

7:10

is Leslie in Toronto? Oh

7:12

me and Theodore in California.

7:15

Will in Minnesota and Elena

7:17

in tested. This has been

7:19

asking random kids. And

7:22

Obsessed. Add

7:34

were back. It's million Brazilian

7:36

live on air! Thanks for

7:38

listening everybody and looks. Like we're

7:41

getting a ton of called now. let's

7:43

hear from our next caller, Eliza in

7:45

Boise. Or who their lives on your

7:47

on million brazilian? What's your question? Hi!

7:49

Is this turkey confident? So I need

7:52

help making a gluten free room for

7:54

my crazy oh no I sorry this

7:56

is million bazillion we don't know anything

7:58

about real. A. Good.

8:01

Luck with your gravy. Have a

8:03

mix. Of. Million Bazillion with turkey Confidential?

8:05

Weird. okay moving on to your line

8:07

I nine million what's your name

8:09

and where you calling from Mining from

8:11

New York City? nice I see is

8:14

spidey sense for as give that super

8:16

think you. Who are

8:18

I like this question. Coupons are

8:20

the best. Cool story. Once I

8:23

used a coupon to get twenty

8:25

five pounds of can lima beans

8:27

for a mere three dollars blow.

8:30

That sounds like a great deal. I also

8:32

didn't realize that you like to lima beans

8:34

so much. As the years I don't but

8:36

it was such a good deal I couldn't pass

8:38

it up. Speaking of which, good deal for me.

8:40

But. Seems like a bad the over the

8:43

stores. Why would the grocery store want to

8:45

sell me something so desirable as can lima

8:47

beans for so little money? That's

8:49

a good point. Okay, let's call

8:51

of someone who might know the

8:53

answer. like Franklin Saudis marketing professor

8:56

at U. C L Okay, Presents

9:01

an expert in Ryan from Million Two Million.

9:03

We are so glad you ended your phone

9:05

where I live radio answering some questions. And

9:07

we need your help. You have a course. Are

9:09

we got Max here on the line

9:12

and he wants to know why do

9:14

stores giveaway coupons. So. Basically

9:16

stores will give out to bonds to

9:18

their customers when they want their customers

9:20

to buy more of something. Maybe you

9:23

have too many other certain products and

9:25

if you give people a coupon to

9:27

give them a little bit of a

9:30

discount. Then. They're

9:32

more likely to buy. Okay, so

9:34

you're saying that lima beans may

9:36

not have been flying off the

9:39

store shelves and that's actually why

9:41

the stores were giving the coupons

9:43

away. Interesting, huge, if true. Another

9:45

situation that is pretty common is

9:48

Sores will offer coupons on new

9:50

products. so for introducing a new

9:52

flavor owes something and or flavor

9:54

of juice. And you

9:57

want to encourage people to try

9:59

it? Ah, Okay, so you

10:01

make it costs less En el,

10:03

really learn those on the fence

10:05

oscars to try something new. Overweight.

10:07

It. Kind of feels like the

10:10

stores are giving away free money. The.

10:12

Reason why they're part of a giving

10:14

away free money is that they know

10:17

consumers and general like saving money. And.

10:19

So they're sort of like Pamela give you

10:21

a discount like in that license which include

10:23

and their goal is now that you will

10:26

continue to buy their products and pay full

10:28

price for that thing once we take away

10:30

the coupon. Oh that reminds me

10:32

of how I found my local favorite Thai

10:34

restaurants are. They left a coupon outside my

10:37

door a few months back and I decided

10:39

to try it and it turns out they

10:41

make a mean Tom Yum soup. I actually

10:44

go there for dinner once a week now.

10:49

Okay so I guess the answer to Max

10:51

as question is it's all about trying to

10:53

convince customers to buy a certain item that

10:56

they wouldn't try out if the price wasn't

10:58

a little lower I guess is this didn't

11:00

work companies as wouldn't do it. Or

11:02

thanks for calling in such a great question Max

11:04

I love your streamer by the way. So now

11:07

we need a pause for a short break when

11:09

we come back. More answers to your questions. Who

11:12

bridget I am? I think I'm getting the hang of

11:15

this. I don't feel like I'm gonna barf all over

11:17

the entire studio anymore. Was. Ryan

11:19

Your one time I barked so much

11:21

on the school bus, the school had

11:24

to sell that bus they could no

11:26

longer use and the entire bus anymore

11:28

Is that while. You know where

11:30

make their still lies. Oh.

11:33

I do that. He Billionaires.

11:35

This episode of Million Two Million

11:37

is presented in partnership with Seem

11:39

Like a debit card and Money

11:41

off the kids and teens we're

11:44

having Sun and Think lessons from

11:46

her polite and inquisitive audience Today.

11:48

Kids love asking about how this

11:50

whole seemingly medical system operates, and

11:53

trust me, you. Never stop asking

11:55

many questions. When you get older. What's

11:58

another way to help your ticket answered? Their

12:00

money question: guinea month.

12:02

The Money Out for Kids and

12:05

teens. Greenlight help kids and teens

12:07

learn to earnest faith, spend wisely

12:09

and thus with real life. Factor

12:11

Plus Greenlight, an app financial literacy

12:14

game as level up teaches kids

12:16

even more about the world of

12:18

money. Everything from the difference between

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Play level up for free today and

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when you sign up for green light

12:38

at Green light.com/million that scream like.com/ Hey

12:52

everyone pretty and Ryan here we are

12:54

back with more million Brazilian lives! Or

12:57

how What? we're getting a ton

12:59

of calls. Let's dive right in

13:01

and take another question from a

13:03

color are is Andre in Richmond?

13:05

Virginia? Andre? What's your question? Mark

13:08

Green bean casserole never comes out

13:10

soggy. You know what should I

13:12

do? Oh. Sorry Andre, this

13:15

is actually million bazillion. I think you

13:17

might be looking for Turkey confidential. Still

13:19

have any questions that the economy. Oh.

13:22

Sorry no, just casserole

13:24

problem. Thanks. Sorry.

13:26

About that andre are but may I suggest

13:28

adding a more crispy French onions on top

13:30

gives will more crunching. creates a contrast with

13:32

most hundred. it's own us by. Another

13:35

Turkey Confidential color. How are people mixing

13:37

us as? wait a second. What's.

13:39

The Number for Turkey Confidential. Much.

13:42

C O Five Five Five to Seven

13:44

says or does it appears to be

13:46

just one digit off from our number?

13:49

Ah, sorry about that folks. Okay, let's

13:51

take our next call. It's Silas in

13:53

Berkeley California. He cyclists your and million

13:56

bazillion. what's your question? Why? Is

13:58

a dollar sign seven s with the through

14:00

a. Great question and right

14:02

to the points. Silas is asking about

14:04

the symbol for the U S Dollar.

14:07

A capital less with a vertical line

14:09

through it. Of honestly by I

14:11

measure our.that ways s richer than the

14:13

other letters in the alphabet. Maybe it's

14:15

we need to talk to another expert

14:17

on the line for some help. Oh,

14:19

I have an idea. There's a money expert at

14:21

the Smithsonian and we talked to her few times

14:24

about why many looks the way it does. I

14:26

bet you know the answer. Let me to see

14:28

if I can pull of her contact info. Hold

14:30

on Ryan, press a button or something. Losers

14:32

are we don't want the

14:34

dreaded dead air at the

14:36

worst thing that can happen

14:39

on radio. Absolute and pure

14:41

science. Ah,

14:45

The more just make the situation even scarier

14:47

Flow when I got it. ah of I'm

14:49

aware that are here. Here's a joke from

14:51

one of our listeners. Why does

14:53

a boy he is pass? Because

14:55

it was as many. As

15:05

okay here's a number: Doctor Alan Feingold

15:07

She's a curator of the National Numismatic

15:09

Collection at the Smithsonian to see cities,

15:11

coins, and other types of money and

15:13

I'm sure she can help us answer

15:15

Silas is questions only now. Oh thank

15:17

goodness I'm out of buttons. Tail

15:20

and it's pretty for million bazillion. I'm here

15:23

with my cohost, Ryan Ireland, a guy spacey

15:25

hear from you when you sell. Well, we're

15:27

doing a million bazillion so line on the

15:29

radio now and we're hoping he can help

15:31

us answer a question about the history of

15:33

the Dollars symbol. Live audio now with people

15:36

listening. Are listener and longtime fan.

15:38

Silas wants to know why the dollar

15:40

symbol is and s with a line

15:42

through it. That's such a great class

15:44

and I think we really don't. Know exactly where

15:46

it came from. Are you Are

15:48

you Kidding me? Ellen? And that

15:51

has last a lot of space

15:53

for people to develop various theories

15:55

about the origins of the dollar

15:57

sign and what sort of colonial.

16:00

Connections The Modern. Dollar might

16:02

have. Oh. Cool. It's like a

16:04

money mystery. So what are the theories? The.

16:07

First theory is that pay

16:09

So the Spanish. Silver Coin. The

16:11

only way to say we're talking about the

16:13

American Dollar of why would Spanish dollars have

16:16

anything to do with anything. When

16:18

American colonists. First came

16:20

to America. they didn't have

16:22

like an American. Currency: Said

16:24

use whatever they. Thought that was

16:26

in the colonies in the America

16:28

so that be beaver pelts. Native

16:30

American one Phone. Nails.

16:33

Cannonball, any really any things that

16:35

could be useful in exchange. Became

16:37

part of the colonial economy. Wow, What a

16:40

free for all that has anything to be

16:42

used as money If someone was willing to

16:44

accept it, But. One of

16:46

the most important currency is of

16:49

the colonial economy in the Americas

16:51

was the Spanish Silver Dollar, also

16:53

known as the Peso or piece

16:56

of eight eight Realtime. This

16:58

became the world's. First global

17:00

currency. It was used a

17:02

round the world and it

17:04

was incredibly significant in driving

17:06

on the colonial economy and

17:08

other economies At that time. The

17:11

silver dollar the Spanish pay

17:13

would have been considered a very

17:15

desirable currency. Oh, the World's

17:17

first global currency or a

17:19

celebrity currency of you will.

17:21

So. Our first American silver

17:24

dollars. Minted in the Philadelphia Mint

17:26

and Seven, Ninety Four were based

17:28

on the Spanish Silver dollars. Similar

17:30

fate similar size. It's very easy

17:33

when you. Look at the two objects next

17:35

to each other to see that the. Us

17:37

system is based on the Spanish

17:39

quiet. Okay, so the first

17:41

American dollars were basically like. Playing.

17:44

Dress up as Spanish silver dollars.

17:46

That's a twist. And. The

17:48

Spanish. Silver Coin The peso is abbreviated

17:50

p. S and the P in

17:52

the ass sort of emerge into one

17:55

symbol which is the eventually the dollar

17:57

sign said the as as clear and

17:59

then. The kind of loses it's Sapolu.

18:01

play by the keeps the straight lines. Ah,

18:04

I see if you smash and S

18:06

and a p together and squint. sort

18:08

of us hundred dollar signs. So we

18:10

wanted the dollar sign to look like

18:12

the peso sign. Got it. The. Second

18:14

theories is that because Spanish

18:16

silver dollars were worth eight

18:19

ryals, the number of Fate

18:21

is seen as that potentially

18:23

the origins in the ass

18:25

of a third of the

18:27

dollar sign. Of pace of

18:29

those ryals are the currency of colonial era

18:31

Mexico Mexico at this time and so maybe

18:33

the ass with a line through it is

18:36

supposed to be like a weird look in

18:38

a okay, that's a fine theory. And.

18:40

Then the third theory which is

18:42

my for some paper theory is

18:44

that the. Dollar sign. It comes

18:46

from the design on the Spanish Sovereign

18:48

our hang on. I'm googling the Spanish

18:50

Silver Dollar now and yeah, okay I

18:53

guess I see if there's like a

18:55

column or a pillar on either side.

18:57

there's a ribbon sort of making down

18:59

and it's it's. sort of looks like

19:01

an Us. As I Go effects.

19:03

Money is arts. Yeah, I don't

19:06

collect either. As

19:10

a while I think that answer thousand questions.

19:12

Thank you so much Doctor Fangled will

19:14

succeed. You're welcome always say to talk to

19:16

you have a say. That.

19:18

Was great! Ryan This is like so much fun! We should

19:21

do this every season! Couldn't

19:23

agree more. and I just discovered a whole

19:25

new panel of somber book with. Whom

19:31

he wants to get fooled again. Alright,

19:35

alright cool with the sound effects that we're running

19:37

out of time and it looks like we have

19:39

two. More callers, Both. Times

19:42

I broadcast all for the day. Honestly

19:44

move. The next caller is highly in

19:46

Paris, Texas. Hey there Haley, you're on

19:48

million Brazilian! What's your question? oh

19:51

and million bazillion my question is

19:53

if i wish on the with

19:55

bone and lose the opposite of

19:58

my was come true Or

20:00

does just nothing happen? Is this

20:02

you, Francis? Not

20:04

Francis. You have the wrong number. What? Uh,

20:08

okay. Thanks, I guess. Bye.

20:15

If we ever do a live radio show again,

20:17

we are not having it on the same day

20:19

as any other notable public media live call-in shows

20:21

whose numbers are one digit off from our own.

20:24

Okay, well at least now we

20:26

just have one caller left. Francisco?

20:28

Hello? Is

20:31

that you? Our Francisco? Are

20:33

you there? Are you gonna answer my

20:35

question? How does the economy

20:37

work? I've been waiting for

20:40

like the whole show. Francisco, you're

20:42

still on the line? Oh my

20:44

gosh, Ryan, I think you had Francisco

20:46

on hold for practically the entire show.

20:48

Uh, Francisco,

20:51

I'm so sorry. How embarrassing

20:53

for us. But we didn't actually

20:55

get to answer Francisco's question the first time around,

20:57

so let's do it. To be fair,

20:59

it was early. We weren't warmed up yet. And, you know, we're still

21:01

getting the lay of the land here in the studio. I

21:04

think we're ready to tackle the question now. Maybe we need

21:06

to phone a friend for this one, too? Well,

21:09

we are at Marketplace World Headquarters. Somebody

21:11

in this office must know a thing

21:13

or two about the economy. Oh,

21:15

yes. Okay, let's get out of the booth and see

21:17

who at Marketplace World Headquarters can answer this for us.

21:21

Grab your microphone, Ryan. Okay, hopefully these

21:23

cords will stretch through the entire office.

21:27

Okay, we are walking down the halls of

21:29

Marketplace. Excuse me. I need the latest numbers for

21:31

the S&P stat. I'll have it to

21:33

you in five minutes. Wow, everyone's working so

21:35

fast. Hey, who took my sandwich and liked

21:37

that inflation news? The Dow is down 79.7.

21:41

Oh, they're busy in there. On

21:43

this show we talk crypto, keto, beard creams,

21:45

luxury. What are we even doing in there? No

21:48

idea. But the energy in this place is just thrilling.

21:51

I'm Paul Peanut. And

21:53

who's yelling now? These

21:55

membership drives are really getting weird.

21:58

Ooh, here's the trophy shelf with all... Will be wars

22:00

Marketplace shows have won. Oh wow every show

22:03

his one a Teddy award except us. I

22:05

thought that was supposed to be just an

22:07

award for kids shows like let's Move On.

22:11

Around the for us can I help you to. All

22:14

sites it's tie resulting when host

22:16

the marketplace. Oh sorry to bother

22:18

you Mister raised all our we don't want

22:20

to interrupt your power walking or anything. Us

22:22

or that sandwich you're holding was really tasty.

22:25

By the way of a were doing a

22:27

live broadcast of Million Bazillion and are we

22:29

need some help answering a question about the

22:31

economy? I can you help us out with

22:33

us? Sure but gotta walk with me now

22:35

because I go live in two minutes and

22:37

I still have to print the script. Okay,

22:40

so one of our listeners wants to

22:42

know how the economy works in two

22:44

minutes or less? Housing the answer that?

22:46

well, So look when people say

22:48

the economy. What they really

22:50

mean. Is. People specifically, all

22:52

of the people making things and

22:55

all of the people buying and

22:57

selling those things so law like

22:59

people making for instance said delicious

23:01

looking artisan sandwich for example or

23:03

and the guy running the storm

23:06

And so the artist and sandwiches

23:08

And the people who end up

23:10

buying those arts and sandwiches exactly.

23:14

And those things can be either goods

23:16

like the sandwiches you mentioned or this

23:18

printer. Or they can be services like

23:21

a haircut or skinless. All of

23:23

that making and all of that buying

23:25

and selling together makes up a country

23:27

or or regions A ton of aiding

23:29

By the way, Surf Has anyone ever

23:31

told you you kind of sound like

23:33

Federal Reserve Chair J. Power. Okay,

23:35

that's how does the economy

23:37

work. Thirty. Seconds time.

23:39

Sorry that's my to gotta go but hey Amy's

23:41

in the office today my own as her. Ask

23:44

me less Amy Scott Long time marketplace

23:46

in your for sun and house. It's

23:48

good to see you hiring. A

23:50

listener wants to know how the a comedy

23:53

works. I mean out the a was hundred

23:55

me work. I mean I'd how the how

23:57

the economy works at low I'm actually on

23:59

my. The outskirts I can tell

24:01

me on my way to the

24:03

elevator. So when we don't understand

24:05

the economy is to look at

24:07

the way household spend money. Households

24:09

are basically another way to say

24:11

a group of people who live

24:13

together and share money and money.

24:15

Decision making households are actually small

24:17

pieces of the larger. Economy order

24:20

many. Economists? Yeah like that.

24:22

See, I guess it's up to our spouses.

24:26

Each. Household has money they

24:28

earn and money they spend.

24:31

So. A parent might go to

24:33

work to earn money, and then

24:35

they use that money to buy

24:37

food or pay a pet sitter

24:39

or other things the family needs

24:41

and the kids might do chores

24:43

around the house and in exchange

24:45

they earn an allowance. And

24:48

when all those individual actions add up

24:50

together with gives us a bigger picture

24:53

of what the economy as a whole

24:55

is doing and why? Oh okay so

24:57

it's that movement that flow of all

25:00

that money and goods and services as

25:02

individual choices were all making with our

25:04

money. That. The economy? Yeah,

25:07

exactly. Does that help answer your

25:09

question? Does. Thank.

25:11

You for your health any and rain We'd better get

25:13

back to the city to wrap of her life. Shelf

25:15

fi. Worry about

25:18

of the elevator go through a rooftop.

25:20

How have had a market where. I'm

25:24

headed to say no. To cover a

25:26

big economic sanford. Take

25:29

a place. Where

25:36

you know, where are? we never

25:38

got a helicopter. I think it's

25:41

are there for radio people not podcast

25:43

the bar not slip it. Let's get

25:45

back in the. Elevator. Hey.

25:50

What's that smell? My.

25:52

Lucky Sox. They.

25:54

Were her this whole time oxford of

25:56

Bridge I feel ready to ezra thousand

25:58

money questions bring up. Oh

26:01

well, Actually, it's time to end the

26:03

shelf. Already. So.

26:06

Ryan What we learn. What?

26:08

Dead air is nothing to be afraid

26:10

of. Live radio involves a lot of

26:12

buttons and there are a lot of

26:15

good money questions out there. just have

26:17

to ask them. Ah, that

26:19

is a great summation. Ryan. And

26:21

boom goes the dynamite. All right, All

26:24

right. hit the theme music. Piracy.

26:39

Lives on has a million zillion things are less

26:42

nice mix of second the tip sheet linked

26:44

in the show notes if you want to learn

26:46

more about the questions we talked. About. During the

26:48

show. Will be back next week to answer

26:50

another money question. but in a totally normal

26:53

podcast, My heart can't take another one of

26:55

these live shows right away. see. You

26:57

can send us the money questions

26:59

you want answered at marketplace.org Last

27:01

million. But wait way I have a perfect

27:03

sound effects you'd have to the south along. And.

27:11

Million Civilians received by mercifully some

27:13

American public media. This episode was

27:15

written by Courtney Bird Feeder and

27:17

Mercer Cabrera, with additional writing and

27:20

hosting by Me Ryan for Us

27:22

and Richard Wagner. Settle things to

27:24

everyone who helped his answer our questions Day

27:26

Allen find at a Sony and Franklin said

27:28

he he cla high result in any size

27:30

a marketplace. Also, thank you

27:33

to some extra voicing talent

27:35

like a Weinman Portland Bird

27:37

Seeker, David Escobar, Alice Wilder

27:39

Guy Wrist Off The Breed

27:41

That Assure and Amy Scott.

27:43

Stanzel Mail is or editor Greenberg Seeker

27:45

is our producers, Murtha Cabrera is our

27:48

senior producer to Liam and Suffer is

27:50

our interns or sound designer is Crystal

27:52

and and Second Wind men mixed this

27:55

episode. Or see Music was created

27:57

by Wonderly Bridget Banners, the director

27:59

of Podcast. The Marketplace for just

28:01

a levy is the Executive Director of

28:03

Digital Neil Scarborough with the Vpn General

28:06

Manager. Million a zillion is funded

28:08

in part by the size and Sundays and

28:10

partnering with organizations and people working for a

28:12

better and more guess future since Nineteen Eighty

28:14

Five and special thanks to the Rams That

28:16

a family, charitable, fun and Next and Personal

28:19

Finance for providing the start of funding for

28:21

this podcasts and continue to support Market Place

28:23

in our work to make younger audiences smarter.

28:25

About the economy million bazillion as

28:28

helping your family have important conversations

28:30

about money. Consider making a one

28:32

time donation is the at marketplace.org

28:34

slashed. Give a million and thanks

28:37

for your support. Proof

28:41

glad we made it that. How

28:43

yes. Wasn't sure if you're going to make it. Oh.

28:47

Come on and scribble shakes. That is

28:49

all done with his broadcasting for the

28:51

day you want some food or years

28:54

ago? come on little guy or right

28:56

for you one for me. I'm.

29:00

Fine. Are you eating

29:02

cat food? Slowly amount of my like

29:04

the taste nosal scribbles like sometimes let me

29:07

have some of his food but. Roller.

29:09

You will know I bureau embarrassed to be

29:12

known as like Ryan the guy who eat

29:14

cat food. Ah, Yeah

29:16

to are still on the I

29:18

didn't know. The law Journal that us

29:20

know these The. Light sauce. He

29:24

the zillionaires listening to today's

29:26

episode. Thank you for asking

29:28

such. Great questions keep.

29:30

Asking them who's one last message

29:33

for you Today's episode of Presented

29:35

in partnership with Greenlight the debit

29:37

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29:43

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