Effects of Inflation on Consumer Behavior and Airline Industry Struggles

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The chapter examines how cumulative inflation is impacting consumer behavior, with past price increases influencing current perceptions. It also discusses the struggles of the airline industry despite high travel numbers, focusing on factors like high fuel prices and oversupply affecting profitability. Additionally, it delves into a Texas town's issues with a Bitcoin mining facility causing health problems for residents due to noise and emissions.

Episode 364: Neal and Toby recap the latest inflation report that might’ve sealed the deal on a Fed rate cut with a minor increase that shows signs of cooling down. Then, airline profits are underperforming despite record air travel. Plus, a Texas jury sides with a bitcoin miner that’s been making nearby residents sick from the loud data facilities. Next, Costco is the stock of the week and Tesla is the dog of the week. Meanwhile, the most star-studded Indian wedding that billions of money can afford. Lastly, the iconic Las Vegas casino The Mirage is closing its doors and needs to get rid of its prize money.

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00:00 - NYT Book List

3:00 - Inflation goin’ down

7:20 - Delta Air struggling

10:30 - Bitcoin mining is very noisy

14:00 - Dog: Tesla

17:20 - Stock: Costco

19:20 - The wedding to rule all weddings

22:00 - The Mirage closes shop

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