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...