Bloomberg Television
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How People Are Making Money Predicting the News
Posted
October 11, 2025
Views
6,064
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125
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Engagement
2.44%
October 11, 2025
6,064
125
23
2.44%
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9:54Now PlayingFormer US Treasury Secretary Larry Summers calls prediction markets a powerful tool for understanding public expectations. By letting people put money behind their opinions, platforms like Kalshi and Polymarket can reveal consensus beliefs about elections, policy changes, and global events. Summers says they make forecasting smarter and more transparent.
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