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Re:The way airlines are central banks by Shrezzing on Monday July 31, 2023 @12:13PM (#36944833)
It seems like false equivalence to state that Central Banks and airlines are the same because they both create an intangible asset.

Most nation's central banks bailed out airlines (if by proxy) just a few days after this was originally posted, which should be a fairly big indicator that airlines are far from akin to Central Banks.

Re:The way airlines are central banks by dermesser on Monday July 31, 2023 @12:16PM (#36944867)
But that's only because (unfortunately for the airlines) miles are not a universally accepted currency. Just like some poorer countries needing to be bailed out by the IMF, despite issuing their own currency.
Re:The way airlines are central banks by noslenwerdna on Monday July 31, 2023 @01:05PM (#36945632)
The strange way Chuck E Cheese is like a central bank.
Re:The way airlines are central banks by harryposner on Monday July 31, 2023 @02:50PM (#36947144)
You joke, and yet [Lucas 1988] uses an amusement park as a toy model to demonstrate how monetary shocks can affect real economic activity. The key difference between this and Chuck E. Cheese, though, is that Chuck E. Cheese is the only merchant that accepts their tokens for any sort of payment.

[Lucas 1988] https://home.uchicago.edu/~vlima/courses/econ203/fall01/Luca...

Re:The way airlines are central banks by johnzim on Monday July 31, 2023 @12:16PM (#36944880)
To be fair to the article, the title is "the strange way airlines are actually central banks", implying that it's just in that one way that they are central banks.
Re:The way airlines are central banks by yieldcrv on Tuesday August 01, 2023 @10:46AM (#36956625)
analogies compare dissimilar things with a common attribute

it is almost impossible to judge an analogy, despite how common it is to do so