Bloomberg Podcasts
@bloombergpodcasts·503K subscribers·32.4K videos
Is Trump playing 4D chess? A grandmaster explains
Posted
August 1, 2025
Views
3,428
Likes
38
Comments
7
Engagement
1.31%
August 1, 2025
3,428
38
7
1.31%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
See what was published immediately before and after this episode.
1:31Now PlayingOn this episode of the Everybody's Business podcast, Harvard economist Ken Rogoff joins Stacey Vanek Smith and Max Chafkin to give his take on the latest GDP numbers and why President Donald Trump's policies can be compared to a game of "4D chess".
#Trump #GDP #Economy #tariffs
It was, by any measure, a packed week for the US economy: jobs numbers, an interest rate announcement from Federal Reserve Chair Jerome Powell, consumer confidence data, and a tariff deadline. Topping the list was GDP: gross domestic product, the sum total of all the goods and services the economy produces. It is generally considered to be the measure of economic growth. After months of tariffs (and changing news about tariffs) many economists were predicting the US economy would be showing signs of strain. It turns out, that wasn’t the case. After falling a bit during the first few months of the year, this quarter, economic growth clocked in at a 3% () annualized rate. But there’s more to this number than meets the eye.
This week, we talk GDP with Ken Rogoff, Harvard economist and author of Our Dollar, Your Problem (). His takethe numbers may have been distorted by some of the panicimporting US businesses were doing earlier in the year in anticipation of President Trump’s tariffs.
Later in the show, we talk with Evan Ratliff () about his Businessweek feature, detailing how workers in North Korea are taking US tech jobs–posing at remote working Americans. Their paychecks go to fund North Korea’s nuclear program and they seem to have infiltrated some of the biggest and wealthiest companies in the country.
And the underrated story of the week: A canned spirit drink was mislabeled as an energy drink.
A smart and fun chat show about all things business. Hosted by award-winning business and economics journalists Max Chafkin (author of The Contrarian: Peter Thiel and Silicon Valley’s Pursuit of Power) and Stacey Vanek Smith (former co-host of NPR’s Planet Money and reporter for Marketplace), Everybody's Business is powered by the unparalleled sources and reporters who bring you Businessweek magazine’s headlines and the stories behind them. The show gives listeners a window into the discussions happening in boardrooms, Zooms and group chats in power centers around the world. From interpreting Fed meetings to the business of wolf cloning, each week Max, Stacey and their friends at Bloomberg Businessweek guide listeners through what really went on during the last week from Wall Street and Main Street. Because what’s happening with money and markets is everybody’s business.
Listen to more episodes
Subscribe to Bloomberg Podcasts
Follow Bloomberg Podcasts on Twitter
Visit our other YouTube channels:
Bloomberg Television
Bloomberg Originals
For coverage on news, markets and more
#Business #News
Trump's 4D Chess, Your North Korean Coworker, and Hard Celsius
Everybody's Business
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
