Episode 564: Indignity Morning Podcast No. 564: A rounding error.

Episode 564: Indignity Morning Podcast No. 564: A rounding error.

From INDIGNITY MORNING PODCAST by TOM SCOCCA

October 28, 2025 · 13 min · Episode 564

About this episode

The episode discusses Trump Media's plans to sell gambling contracts on prediction markets and the implications of this move.

EASY LISTENING DEP’T.: Bloomberg is reporting that Trump Media, the social media company owned by President Trump, the single person with the greatest power to personally cause events to happen in the world is going to start selling gambling contracts on prediction markets. “Trump Media and Technology Group Corp.” Bloomberg writes “plans to make prediction contracts available on its truth social network, allowing users to bet on events ranging from political elections to inflation rate changes, according to a statement on Tuesday.” Not sure that range of two different aggregates of public behavior is a real range. But with Donald Trump making drastic policy changes that affect consumer prices, while also exerting pressure on the people who report economic data, the opportunities for trading on insider information seem abundant. Please visit, read, and support INDIGNITY! https://www.indignity.net/ Support INDIGNITY MORNING PODCAST

People in this episode

Host: Tom Scocca

Topics covered

  • politics
  • gambling
  • prediction markets
  • economic data
  • Trump Media

Keywords

  • Trump Media
  • prediction markets
  • gambling contracts
  • economic data
  • Donald Trump

Mentioned in this episode

Organizations: Trump Media, Bloomberg, Trump Media and Technology Group Corp.

Books & works: INDIGNITY MORNING PODCAST

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