currency

Marketplace’s Lily Jamali and Kimberly Adams discuss how deepfake images are leading people to second guess everything in the latest episode of our “Decoding Democracy” series.

Exchange traded funds or ETFs have been growing in popularity recently but as Money Clinic listener Saranya has found, there’s a bewildering array of different types of ETFs to choose from. Presenter Claer Barrett is joined in the studio by Dave Baxter, funds editor at the Investors’ Chronicle, and Lynn Hutchinson, head of ETF and index solutions at investment manager Charles Stanley. They unpick the many different types of ETFs, how to use them to build an investment portfolio and what to look out for in terms of fees.

Want more?

Top 50 ETFs 2023: The best ETFs to buy

If you would like to talk to Claer about a future episode, please email the Money Clinic team at money@ft.com with a short description of your problem, and how you would like us to help. 

You can follow Claer on Twitter and Instagram @Claerb

Presented by Claer Barrett. Produced by Persis Love. Our executive producer is Manuela Saragosa. Sound design is by Breen Turner, with original music from Metaphor Music.

This podcast has been corrected from an earlier version which gave the wrong calculation of an OCF charge.

Read a transcript of this episode on FT.com

Hosted on Acast. See acast.com/privacy for more information.

Martin Lewis gives you some top tips on how to save money when going on holiday. Energy switches are back - Martin talks you through all you need to know.

Plus, you 'tell us' your experiences of living abroad and how it compares to life in the UK.

Child poverty levels fell dramatically — nearly in half — in 2021 with the help of pandemic-era government programs and cash assistance. But with those programs gone, poverty in the United States looks pretty much the same as it has for the past 50 years, despite an overall increase in how much we’re spending on welfare.

This has us wondering: Why is that?

On the show today, sociologist Matthew Desmond, author of “Poverty, by America,” breaks down how the United States became a country with more poverty than other rich democracies, what’s wrong with our welfare system and what really works to reduce poverty. Plus, the role regular Americans play in all of it.

In the News Fix: Following the tragic death of Jordan Neely in New York City, we reflect on the responsibility shared by society at large for allowing unjust systems to remain in place. And, a key player in the global wood pulp industry is considering switching to Chinese currency in its business transactions. We’ll get into what that could mean for the future of the U.S. dollar as the world’s reserve currency.

Later, we’ll hear about an early depiction of a bathroom in the “Star Wars” universe. Plus, one couple shares their perspective on Kai’s “rants.” And, this week’s answer to the Make Me Smart question comes from the mom of one of our producers.

Here’s everything we talked about today:

• • “Why Poverty Persists in America” from The New York Times

• • “Child poverty fell by nearly half in 2021, Census Bureau says” from Marketplace

• • “Private opulence, public squalor: How the U.S. helps the rich and hurts the poor” from NPR

• • “How many people are really facing poverty in the U.S.?” from Marketplace

• • “National Poverty in America Awareness Month: January 2023” from the U.S. Census Bureau

• • “The Uncertain Hour” from Marketplace

• • “Opinion | Society’s failures on mental health put Jordan Neely on that F train” from The Washington Post

• • “World’s Biggest Pulp Producer Suzano Considers Trading With China in Yuan” from Bloomberg

• • Mad magazine Issue No. 197, March 1978 from the Internet Archive

Do you have an answer to the Make Me Smart question? We want to hear it. Leave us a voice message at 508-U-B-SMART, and your submission may be featured in a future episode.

Ukraine has reportedly recaptured nearly 10,000 square kilometres of territory that had been occupied by Russia. We ask where the numbers come from, what they mean and why everyone is comparing them to the size of Greater London. We ask how much money Norway is making out of the current energy crisis. Also why is the pound so weak against the dollar, some odd claims about women and exercise and does it really take 20,000 uses for an organic cotton bag to become more environmentally friendly than a plastic bag?

Presenter: Tim Harford Series producer: Jon Bithrey Reporters: Charlotte McDonald, Nathan Gower Production Coordinator: Jacqui Johnson Editor: Richard Vadon

✨ DEBRIEF ✨ | Ryan & David's Unfiltered Thoughts on the Episode: https://shows.banklesshq.com/p/128-luke-gromen-debrief 

Luke Gromen is a macro analyst and founder of Forest for the Trees, a research company which helps investors find the signal. Luke is another one of our big macro brained guests in the same vein as Lyn Alden, Raoul Pal, and Jim Bianco.

On this episode, Luke unpacks how macro got this bad, what the end game looks like, why this is the scariest macro setup Luke has seen in 20+ years, and how to prepare.

The fog of what’s going on is thick, but we're on a quest to find out what in the world is going on. Knowing this is key to understanding the next steps crypto takes. Buckle up.

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🎙️ SUBSCRIBE TO PODCAST: http://podcast.banklesshq.com/ 

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Topics Covered:

0:00 Intro
6:08 Scariest Macro Setup In 20+ Years
14:15 Why This is the End
22:10 How’d We Get Here
26:45 Bursting Sovereign Debt Bubble
36:45 Fed Data Interpretation
42:42 How the End Game Plays Out
1:01:21 The Affect on The Average Person
1:07:35 U.S. Middle Class vs. Treasury Holders
1:14:58 The Future of Assets & Currencies
1:20:20 What Happens to Energy Commodities?
1:25:40 Equities, Gold, & Crypto
1:31:46 How to Prepare
1:36:50 Closing & Disclaimers

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Resources:

Luke Gromen
https://twitter.com/LukeGromen 

Forest Through the Trees
https://fftt-treerings.com/ 

Luke’s Youtube Channel
https://www.youtube.com/c/LukeGromenFFTTLLC 

Lyn Alden
https://youtu.be/XaHuwUDd1C8 

Jim Bianco
https://youtu.be/VMNmxFzKI64 

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Not financial or tax advice. This channel is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This video is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time I may add links in this newsletter to products I use. I may receive commission if you make a purchase through one of these links. Additionally, the Bankless writers hold crypto assets. See our investment disclosures here:
https://newsletter.banklesshq.com/p/bankless-disclosures 

In this episode of STBYM’s The Artifact, Robert discusses money you can eat or drink...

See omnystudio.com/listener for privacy information.

It was never about economics.

But 52% or the 72% turnout voted for the UK to leave the European Union last June and now it’s official.

Prime Minister Theresa May has written and delivered a letter that gives the country just two years to renegotiate tens of thousands of laws that took 40 odd years to draw up. It’s about taking control, she said, without expanding what that might mean.

In the absence of any credible positive analysis from the 'Leave' fraternity, please allow Simon Lambert, Rebecca Rutt and Georgie Frost to have a go at explaining where our economy now stands.

The vote to leave the EU hit the pound immediately and that is likely to continue.

Prices of just about everything are rising and are set to rocket.

Five percent this year may not sound a lot but cumulatively, petrol, travel, clothes and food make up a lot of what we buy.

But on the plus side?

Also on the show Britain is in debt, nationally and personally at record levels. Should we be alarmed?

The new pound coin is now in circulation. Is it really impossible to forge?

What does investing post-Brexit look like? Investing overseas most likely.

How much do you pay for a decent bottle of wine?

Enjoy.

The country appeared to take leave of its senses this week.

As the pound continues to take a steady route south through the Channel tunnel down to the capital of Armageddon, the effects are being felt by businesses across Britain. And bit-by-bit consumers are starting to notice. They’re not happy.

News of the famous savoury black paste, Marmite, being taken off the shelves at Tesco spread across the internet like a yeast infection.

People became hysterical - and not in a funny way.

You don’t mess with people’s brands as Unilever found out when it stopped supplying the supermarket many of its famous-name products because of the rising cost of foreign-sourced ingredients.

Join Simon Lambert, Georgie Frost and Lee ‘Bovril’ Boyce for an entertaining look at what it all means for the pound in your pocket.

Also in the podcast:

Former Bank of England governor Mervyn King believes the weak pound is a good thing for Britain.

Don’t wait until to get to the airport to change your money – you’ll be in for a nasty shock

There are transfer services for larger amounts of foreign currency – particularly useful if you want to BUY pounds

Are banks are a spent force? Lloyds seems to think so as it slashes rates on it accounts and slashes staff from its head count.

Rant of the week: the best savings account now pays a pointless 1% interest and that is affecting the whole economy.

How to spot a fund manager who talks sense and invests sensibly. There must be one or two.

It’s not just the exchange rate that's back in the 1970s, brown cars are popular again.

House prices might also get a mentions.

Enjoy.

Hosted on Acast. See acast.com/privacy for more information.

"The idea of making money is sometimes more powerful than the money itself." - Kabir Sehgal
If you enjoyed this episode, check out show notes and more at www.lewishowes.com/146.