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The Money Issue - CBS Sunday morning

Bogleheads • View forum - Personal Consumer Issues - www.bogleheads.org
Don't usually have TV on in the AM but ran across this show "The Money Issue".

Many interesting stories tied to

Automation Nation:

=> at 3:35 it discusses Blackrock replacing traders w/ computers. Interesting story overall. Will 47% of all American jobs be lost to automation in the next 20 years? (4:45 in video)

Credit Card reward points:

=> guy has over 40 credit cards and takes his family on vacations w/ points he earns

Generous return policies - the 'Endowment Effect':

=> features Lands End and Costco later in the snip

Sardinia's virtual currency:

=> On the island of Sardinia (Italy), thousands of firms are not using traditional money to buy, sell, or pay salaries. They use Sardex, a virtual currency that allows businesses to earn and spend without relying on the euro, or on banks that wouldn't lend.

Looks like they're right on top of it having posted the entire show to their site and Youtube.

Just found the show to be interesting w/ a broad array of topics.

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Date: Aug 6, 2017   


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