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 Wanna see a trick? Give us any topic and we can tie it back to the economy. At Planet Money, we explore the forces that shape our lives and bring you along for the ride. Don't just understand the economy – understand the world.

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    • Trump's crypto interests (Two Indicators)

      Trump's crypto interests (Two Indicators)
      Jun 4 2025
      Today on the show – our crypto president. Just before President Donald Trump began his second administration in January, he and his business partners launched the $TRUMP coin. It's a memecoin that quickly raked in hundreds of millions of dollars. And there's a lot of earning potential still left on the table. Is that even legal?

      We bring you two stories from our daily show, The Indicator about President Trump and his ties to crypto. First, the Trump coin. We explain what it is, how the real Donald Trump profits from it, and yes, whether this whole crypto scheme is within the law. Then we take a look at Stablecoins: how they work, how they make money, and for whom.

      The original episodes from The Indicator were produced by Cooper Katz McKim and Corey Bridges. They were engineered by Harry Paul and Robert Rodriguez. They were fact-checked by Sierra Juarez. Kate Concannon edits the show. This episode of Planet Money was produced by James Sneed and edited by Emma Peaslee. Alex Goldmark is Planet Money's executive producer.

      Find more       Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

      Listen free at these links:       Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.

      Help support       Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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      18 min
    • The U.S.-China trade war, according to game theory

      The U.S.-China trade war, according to game theory
      May 30 2025
      Over the last few months U.S.-China trade relations have been pretty hard to make sense of – unless you look at what's happening through the lens of game theory. Game theory is all about how decisions are made, based not just on one side's options and payoffs, but on the choices and incentives of others.

      So, are Donald Trump and Xi Jinping competing in a simple game of chicken? Or is the game more like the prisoner's dilemma? On today's show, we try to decide which of four possibilities might be the best model for this incredibly high-stakes game. And we take a look at who is playing well and who might need to adjust their strategy.

      For more on the U.S.-China trade war:

      - The 145% tariff already did its damage
      - What happened to U.S. farmers during the last trade war
      - What "Made in China" actually means

      This show was hosted by Keith Romer and Amanda Aronczyk. It was produced by Sam Yellowhorse Kesler. It was edited by Jess Jiang, fact-checked by Sierra Juarez and engineered by Kwesi Lee with help from Robert Rodriguez and Cena Lofreddo. Additional production help from Sylvie Douglis. Alex Goldmark is Planet Money's executive producer.

      Find more       Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

      Listen free at these links:       Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.

      Help support       Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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      28 min
    • Why does the government fund research at universities?

      Why does the government fund research at universities?
      May 28 2025
      American universities are where people go to learn and teach. They're also where research and development happens. Over the past eight decades, universities have received billions in federal dollars to help that happen. Those dollars have contributed to innovations like: Drone technology. Inhalable Covid vaccines. Google search code.

      The Trump administration is cutting or threatening to cut federal funding for research. Federal funding for all kinds of science is at its lowest level in decades.

      Today on the show: when did the government start funding research at universities? And will massive cuts mean the end of universities as we know them?

      We hear from the man who first pushed the government to fund university research and we talk to the chancellor of a big research school, Washington University in St. Louis. He opens up his books to show us how his school gets funded and what it would mean if that funding went away.

      This episode is part of our series Pax Americana, about how the Trump administration and others are challenging a set of post-World War II policies that placed the U.S. at the center of the economic universe. Listen to our episode about the reign of the dollar.

      Find more       Planet Money: Facebook / Instagram / TikTok / Our weekly Newsletter.

      Listen free at these links:       Apple Podcasts, Spotify, the NPR app or anywhere you get podcasts.

      Help support       Planet Money and hear our bonus episodes by subscribing to Planet Money+ in Apple Podcasts or at plus.npr.org/planetmoney.

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      27 min

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