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Stacey Vanek Smith

@svaneksmith

4.7K

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Host @businessweek podcast 🎙️ Everybody’s Business, 📻 @marketplaceapm frmrly: @npr @planetmoney 📖Machiavelli for Women @simonandschuster

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A great point by @svaneksmith: when prices rise, we lose choices. ⁣
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The Fed's 2025 survey found that 62% of U.S. adults switched to cheaper products. People are settling for less.⁣
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GDP may be up. But what about GNH (Gross National Happiness)?

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Prices rise like rockets and fall like feathers.⁣
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That's partly because consumers are supposed to shop around to make competition work and keep prices down.⁣
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Funny how the invisible hand depends on so much unpaid labor from the rest of us.

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For 30 years, computers kept getting cheaper. Now building your own PC requires a mortgage approval.⁣
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With @svaneksmith https://newsletter.platypuseconomics.com/p/all-onion-no-bloom

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Only 9% of economic forecasters gave Fed Chair Kevin Warsh an A. 20% gave him a C.⁣
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These are the people who watch the Fed more closely than anyone, and the next meeting lands just before the election.⁣
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That's not a report card. That's a vote of no confidence.⁣
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With @svaneksmith

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Tariffs are a supply shock. So is expensive energy.⁣
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Prices are rising 3.7%. Wages are rising 3%. If you're staying in your job, you're falling behind.⁣
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The Fed can raise rates, but that won't make oil cheaper or tariffs lower. It just slows the economy on top of it.⁣
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With @svaneksmith

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What if the electronic shelf label you see at the grocery store isn't just showing you the price of the jar of mayonnaise you're about to buy — but actually raising the price because you put a can of tuna in your cart.

It's called surveillance pricing and retailers like Walmart appear to be locking down technology that will help them figure out how much they can charge you. @bstone6 joins @svaneksmith and @mchafkin on the Everybody's Business podcast to unpack this pricing strategy (which Walmart has denied using). Tap the link in bio to listen to the full episode.

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In 1989 CEOs made 60x the average worker. ⁣
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Today it's 325x. ⁣
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I guess the corporate ladder is getting taller. With @svaneksmith

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Labor's share of income just hit a new all-time low.⁣
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In the past 2 decades, owners of capital have slowly kept more of the pie for themselves. That means workers are taking home smaller and smaller slices. Income keeps shifting to the owners. ⁣
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With @svaneksmith ⁣

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At a time when subscriber growth is slowing for streaming giants like Netflix, ad-supported online video services like Tubi are seizing the opportunity, offering viewers abundant content without the cost of a subscription.

Tubi’s Chief Content Officer Adam Lewinson joins @mchafkin and @svaneksmith on the Everybody's Business podcast to discuss the company's strategy, including cultivating niche genres like horror and offering free, edgy merchandise to capture the Gen Z audience. Tap the link in bio to listen to the full episode.

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Will anyone actually get to retire?

Stacey Vanek Smith (@svaneksmith) argues that with longer lives and less physical work, retirement is no longer the finish line it used to be.

Kyla Scanlon (@kylascan) argues the bigger worry is whether the country can afford to retire anyone at all.

“Generational Divides with @gillespienick: Who’s Winning the Wealth Game?” is a FINALIST for the best "Conversation Starter" episode of the year in the podcast @SignalAwards. If you enjoyed this clip, comment “signal” and we’ll send you the voting link or use the link in our bio!

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What if being buried under a mountain of debt isn't actually all your fault? After gaining a sizable social media following for sharing her years-long journey to pay down her debt, then starting a podcast about personal finance, @realgirlproject knows a thing or two about being broke and changing her lifestyle to take control of her finances.

The co-host of Debt Heads joins @mchafkin and @svaneksmith on the Everybody's Business podcast to discuss who she thinks is partially to blame for America's debt crisis and why she has stopped trying to get to debt zero. Tap the link in bio to listen to the full episode of Everybody's Business.

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The Fed's dual mandate always creates tension: low rates help employment, high rates fight inflation. Right now, the inflation side of the seesaw is a bit too high.

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