In short
Planet Money Podcast Episode Notes
Episode Title
Bonus: Janet Yellen on Wait Wait...Don't Tell Me! Episode Description In this special segment, Planet Money shares an excerpt from NPR's news quiz, *Wait Wait...Don't Tell Me!*, featuring U.S. Treasury Secretary Janet Yellen. The discussion includes light-hearted topics about her personal experiences, including her gaming habits and the delay of the Harriet Tubman $20 bill.
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Key Highlights
Introduction
- Host: Sarah Gonzalez introduces the episode, sharing that this is a teaser from *Wait Wait... Don't Tell Me!*
- Special Guest: Janet Yellen, U.S. Treasury Secretary and former Federal Reserve Chair.
Not My Job Segment
- Janet Yellen participates in the show's popular quiz segment, "Not My Job."
- Fun and unexpected questions are posed, diverging from typical economic discussions.
Discussion Points
- Yellen's Role:
- Yellen humorously explains her responsibilities at the Treasury, notably financing the U.S. debt of $34 trillion.
- Clarifies misconceptions about her role and discusses the importance of managing national debt.
- Inflation Discussion:
- Yellen addresses a question about inflation, humorously deflecting blame: "Not me. Not you. Are you kidding? Not my fault."
- Personal Anecdotes:
- Preparation for Smoking Marijuana:
- Yellen shares a humorous story about preparing to smoke marijuana for the first time by trying to smoke cigarettes, which led to a long-term smoking habit before eventually quitting.
- Gaming Interests:
- Discusses her addiction to *Candy Crush*, revealing her achievement of reaching level 6,180.
- Yellen reflects on how she initially dismissed mobile games but became engrossed in *Candy Crush*.
- Cultural References:
- Harriet Tubman $20 Bill:
- Responds to a playful query about why Tubman's image is not yet on the $20 bill, assuring that she is actively working on it.
Exclusive Outtakes
- Dinner in China:
- Yellen recounts a dinner in China where she was served psychedelic mushrooms, clarifying that they were cooked properly and had no adverse effects.
- She engages in witty banter about the peculiarities of money and experiences.
Conclusion
- Yellen wraps up with a light-hearted tone, emphasizing her honor in participating in the show and connecting with the audience.
- Sarah Gonzalez thanks the listeners and promotes the full episode of *Wait Wait...Don't Tell Me* for more fun insights.
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Key Takeaways
- The intersection of personal life and public service reveals a human side to politicians, particularly in less formal settings.
- Janet Yellen showcases her personality through humor and candid storytelling, making economic discussions more relatable.
- The episode effectively blends entertainment with information, highlighting both Yellen's credentials and her personal anecdotes.
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Additional Links
- [Listen to the full episode of Wait Wait...Don't Tell Me!](https://www.npr.org/2024/01/27/1227186323/wait-wait-for-january-27-with-not-my-job-guest-treasury-secretary-janet-yellen)
- [Subscribe to Planet Money+](http://n.pr/PM-digital)
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Stay tuned for more insightful discussions on economic topics in upcoming regular episodes of *Planet Money*.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00This message comes from Capital One with the Venture X-Card. Earn unlimited double miles, a$300 annual Capital One travel credit, and access to airport lounges. Capital One. What's in your wallet? Terms apply. Details at CapitalOne.com. This is Planet Money from NPR. Hey everyone, Sarah Gonzalez here with a teaser for another NPR show because it has a very Planet Money type of guest and we thought you might enjoy it. Our regular Planet Money episode will still show up as usual on Wednesday, but NPR's news quiz, Wait, Wait, Don't Tell Me, got Secretary of the Treasury and former Federal Reserve Chair Janet Yellen to take their Not My Job quiz.
0:46They've shared that segment with us along with a few exclusive outtakes just for Planet Money listeners. I'm not going to spoil it, but it does involve her shocking skill at Candy Crush, possibly taking psychedelic mushrooms and Harriet Tubman on the$20 bill. Here's host Peter Sagal and panelists on NPR's Wait, Wait, Don't Tell Me. And now the game we call Not My Job. Janet Yellen is a preeminent economist, a former chair of the President's Council of Economic Advisors and chair of the Federal Reserve, and is now the 78th Treasury Secretary of the United States. That means she signs all of your dollar bills, and fun fact, she gets to read all your Venmo receipts.
1:30Secretary Yellen, welcome to Wait, Wait, Don't Tell Me. Thank you. Thank you, Peter. Thank you very much. So, it's a great honor to have you here. I know you were in Chicago to speak to the Economic Club, but we have some questions that I don't think those business leaders might have had for you, such as, what is it exactly that you do? Because, honestly, I don't know. We just assume that, like, you write the checks, like when we buy a missile. I honestly don't know. Well, that is one of our responsibilities. Really? And we've borrowed now$34 trillion, and it's our job at Treasury to finance those cumulative deficits and to make sure that our debt is safe and liquid and attractive to Americans and all around the world.
2:22All right. More questions about your job. Inflation. Was that you? Not me. Not you. Are you kidding? Not my fault. No, no, not you. That's an offense, John. That used to be you. Now, we wanted to get a little bit back into your background. We were told that one of your secrets to your success is that you always over-prepare, including a story we heard about how you prepared to smoke dope for the first time in college. Can you please inform us how you prepared for that particular challenge? Well, you know, I had never smoked marijuana before. It was the summer before I was going to college, and my roommate said she had some marijuana and we should have a party and smoke marijuana.
3:16This, of course, was this renowned party school, Yale.
3:23Well, you know, I worried about that because I had never smoked anything in my life. You know, as you said, I like to be prepared. I always try to prepare when I can. And I thought, how can I prepare for this experience? Well, why don't I buy a pack of cigarettes and try to smoke them and see if I can inhale? Because I was told you can't really enjoy marijuana unless you inhale. So I bought a pack of cigarettes. I started smoking them. Oh, horrible. It was a horrible experience. I couldn't inhale. I was coughing. I thought, well, I'm not prepared. I have to work harder at this. So I bought some more cigarettes.
4:08And all week, preparing for this party, I smoked cigarettes. Well, then I went to the party, smoked a couple of marijuana cigarettes. Well, I never did that again. But you know what happened to me was within a couple of months, I was up to three packs a day as a smoke. Really? Wow. It took me a decade to quit. Is that why President Obama invited you to join his Council of Economic Advisors? He had someone to sneak out back of the Oval Office and, you know? Well, I quit. He can quit. We are also reliably informed that among your enthusiasms in addition to macroeconomic policy is mobile games. There is some truth in that.
4:57There's some truth in that. Okay. Specifically, in case everybody wants to know, Candy Crush. Yes. Candy Crush is a new game I've taken up only a year or so ago. Right. It started when I had a Blackberry, if anybody still remembers what they are. Yes. And they had a game called Brick Breaker. And I'd never really used my phone to play games, but I started becoming addicted to Brick Breaker on my Blackberry. and actually somebody was writing a book about me and they heard that I was interested in games and had played a game and they said did you play Candy Crush and I'm like Candy Crush are you kidding I wouldn't play a game like Candy Crush I played Brick Breaker and I'm one and well maybe you're like a woman of my distinction play Candy Crush oh no Brick The game breaker is the only game that we've talked about.
5:50Something as silly as candy cream. Please, please, don't you know who I am? And then, exactly. And then I thought, well, you know, maybe I should just look and see what the thing is. Sure, what's the harm? Have a puff. You're not going to get addicted. I'm going to get addicted. Right. You know, I'll just play a couple of levels. Sure. See what it's like? These candies, you know, that you're breaking up with bombs and things like that. Yeah, this morning I hit level 6 ,180.
6:31I'm assuming that's good. Somebody said you're actually internationally ranked, which I find hilarious. Is that true? That is not true. That's not true. Okay. You're not getting recruited by a professional Candy Crush. Do you have a secret for Candy Crush? You have marijuana cigarettes. Yeah. If he gets stuck, it always helps. I know. Yeah. That was Wait, Wait, Don't Tell Me with Janet Yellen. After the break, the outtakes, where Secretary Yellen gets put on the spot about why Harriet Tubman is not on the$20 bill yet.
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8:16We're back with more from Wait, Wait, Don't Tell Me's interview with Janet Yellen. We've got a few questions they asked her that didn't make it into the final version of their show, but we are going to share them here exclusively for Planet Money listeners. In this segment, it is host Peter Sagal, and you'll also hear from panelist Dulce Sloan. There was another thing that happened. We actually mentioned it on this show where you were in China at a state dinner or an official dinner of some kind. And the story was that they served you a dish that involves psychedelic mushrooms. Yes. Right. Did that, in fact, happen?
8:50And if it did, well, how was your trip? We had a great trip, of course. You had a great trip, of course. The mushrooms were great. Fabulous trip. So we went out to dinner after arriving at a restaurant that serves Yunnanese food. And the person from our embassy who recommended this restaurant, there were about a dozen of us, and he ordered all of the dishes for our table. Right. And there were some delicious mushrooms. We went home, had our meetings. Next thing I knew, in Chinese social media, it appeared that I had been to this restaurant. First, they said that we had ordered poisonous mushrooms.
9:36They said, but they're poisonous only if they're not cooked properly. And of course, they were cooked properly. But then later, it turned out it wasn't that they were poisonous, it's that they're psychedelic, unless they're cooked properly, which they were. Before I knew it, this was You were naked lying on the roof of your building Wow Well We had great meetings with the Chinese I don't think that was As far as you remember But the mushrooms were good We didn't notice any I'm just imagining you after that dinner Have you ever thought about the fact that money is just really paper? Dulce Sloan would like to ask you a question Hi money lady Howdy I have just one simple question I have here a$20 bill How come Harriet Tubman's face isn't on it?
10:36I'm working on it I'm going to have that happen Alright Promise You've been waiting I did it I fixed it! She did it! It's gonna happen! Thanks to you! Send me the first one! Thanks to you Dulce, and the next term we'll all be calling 20s, tubbies. Janet Yellen is the Secretary of the Treasury of the United States of America and among the top 2 % of players globally on Candy Crush. Secretary Yellen, we are so honored to have you with us. Thank you so much. Thank you very much. of the life. Thank you. Secretary Janet Yellen, everybody. Give it up for us.
11:22That was Secretary of the Treasury Janet Yellen on NPR's weekly news quiz show, Wait, Wait, Don't Tell Me. Go listen to the full segment, including Janet Yellen taking the Not My Job quiz on last week's Wait, Wait, Don't Tell Me. We've put a link to listen and subscribe to that in our show notes. And stay tuned this week for more regularly scheduled Planet Money coming Wednesday. I'm Sarah Gonzalez. This is NPR. Thanks for listening.
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