Post #653504
2026-02-19 16:31 UTC
Airlines are banks that happen to fly airplanes:
https://www.theatlantic.com/ideas/archive/2023/09/airlines-banks-mileage-programs/675374/
Starbucks is a bank that happens to serve coffee:
https://medium.com/travel-marketing-insights/the-1-8-billion-latte-how-starbucks-turned-loyalty-into-a-banking-business-fe76ae8bcd9e
The airlines are worse though, because they are "central banks". The rewards points? They "mint" them (print money) and sell them to credit card companies.
https://www.youtube.com/watch?v=ggUduBmvQ_4
#AirTravel #Flying #Travel #Delta #AmericanAirlines #United #banks #EconomicPolicy #Deregulation
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