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A comment on The way airlines are central banks. Parent comment

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.
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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.
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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...

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