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- 0:03Speaker 1: Hello, and welcome to the Bloomberg Benchmarks podcast. This is
- 0:07Speaker 1: your host Tory so Well, and I'm an economics reporter
- 0:10Speaker 1: here in our Washington bureau at Bloomberg News. Right next
- 0:13Speaker 1: to me is your other host, Dan Moss. Hey, Dan, Hi, Tory,
- 0:17Speaker 1: I'm the executive editor full Global Economics at Bloomberg. Hey
- 0:22Speaker 1: with you and d C. That's right. What that basically
- 0:24Speaker 1: means is he's my boss's boss's boss. But in this
- 0:28Speaker 1: studio we are equals as co hosts, So we're here
- 0:31Speaker 1: to talk to you about what exactly we're doing here.
- 0:34Speaker 1: We sat down one day and and really wanted to
- 0:36Speaker 1: figure out a way to make economics more relevant to
- 0:40Speaker 1: everyday people. You know, right now at teams like a
- 0:43Speaker 1: lot of formulas and equations, and just the word economy
- 0:46Speaker 1: can make a lot of people's eyes glaze over. We
- 0:49Speaker 1: would love to bring economics to you guys in a
- 0:52Speaker 1: more accessible, digestible way and in a fun way that
- 0:55Speaker 1: won't put you to sleep, right Dan, Not a show
- 0:58Speaker 1: about statistics, and we're not going to pretend that we
- 1:03Speaker 1: can fool everyone by clouding it with acronyms. F O,
- 1:06Speaker 1: m Z, d RP and CDs is we're not going
- 1:10Speaker 1: to go into all that. We're going to translate for
- 1:12Speaker 1: you in a way that's interesting, in a way that
- 1:14Speaker 1: you can probably use in your everyday life, things like
- 1:18Speaker 1: what are your job prospects looking like, how long will
- 1:21Speaker 1: it take for that job interview to translate into an
- 1:24Speaker 1: actual position, how long is it going to take for
- 1:27Speaker 1: you to see your paycheck increase? All these things economists
- 1:29Speaker 1: are working on day in and day out, and we
- 1:32Speaker 1: can provide a little bit of insight on that that
- 1:34Speaker 1: might help answer some of those questions. We want to
- 1:37Speaker 1: make economics accessible and really make it relevant to people's
- 1:40Speaker 1: everyday lives, because it is. What we're trying to convey
- 1:43Speaker 1: is every day people like you and me are making
- 1:46Speaker 1: decisions about whether to buy something, what to buy, how
- 1:50Speaker 1: much do we pay for it, whether to borrow for it,
- 1:54Speaker 1: and companies and governments around the world are making exactly
- 1:58Speaker 1: the same decisions each time. We're trying to get under
- 2:00Speaker 1: the hood here. This is a living, breathing thing. We
- 2:05Speaker 1: want to bring only the most important trends, you know,
- 2:07Speaker 1: grounded in great data, and hope that you'll find it interesting,
- 2:11Speaker 1: grounded in data, not defined by the data exactly so
- 2:15Speaker 1: We'll be bringing to you topics such as labor force participation,
- 2:19Speaker 1: which has become a hot topic here in the US.
- 2:21Speaker 1: Of course, we will be talking about Greece, We'll be
- 2:23Speaker 1: talking about Japan. We'll be talking about all the major
- 2:26Speaker 1: economic stories. Will be bringing up little quirks in each
- 2:29Speaker 1: of them that you didn't know. We're so interesting. What's
- 2:33Speaker 1: going on with Japan's population, what is going on with
- 2:36Speaker 1: the housing industry in Australia. Gosh, I guess I'll never
- 2:40Speaker 1: be able to retire back home right at this rate.
- 2:44Speaker 1: And you know, one of the things that I've been
- 2:46Speaker 1: fortunate about here at Bloomberg is the opportunity to work
- 2:49Speaker 1: in a number of different bureaus and a number of continents.
- 2:52Speaker 1: I may bring stories to us that reflect interests and
- 2:55Speaker 1: trans I observed during my times in Malaysia, Japan, and
- 3:00Speaker 1: not a kingdom. We're here in d C, which has
- 3:02Speaker 1: this gravitational pool which we are determined to escape. Hectory
- 3:06Speaker 1: even to North Carolina, right, That's right, That's where I'm from.
- 3:10Speaker 1: And we'll also be bringing our colleagues from around the
- 3:13Speaker 1: world to help with this. Bloomberg News reporters who are
- 3:15Speaker 1: experts in their fields will be weaving in commentary from economists, researchers,
- 3:20Speaker 1: people who work at think tanks. Obviously, we've got a
- 3:23Speaker 1: time to talk about and we're really excited about sharing
- 3:25Speaker 1: it with you. This is Tori still Well. Thanks for
- 3:31Speaker 1: joining us, and you can follow me on Twitter at
- 3:33Speaker 1: at Tori Stillwell. I'm Dan Moss and on at Daniel
- 3:37Speaker 1: Moss d C. See you next time.