Over 100 years ago, Charles Ponzi launched a scheme so wildly but only temporarily successful that his name would come to represent all similar schemes that followed. And, boy, would they follow.\xa0
The economy is currently in flux, leading to price instability on just about everything, except for AriZona Tea. It costs the same .99 cents today that it did 30 years ago.
Chuck E. Cheese has continued to be the place \u201cwhere a kid can be a kid\u201d while its competitors have died out. Due in part, surprisingly, to the floppy disc.
Sources/Go Deeper:
https://time.com/5877434/first-ponzi-scheme/
https://www.latimes.com/business/story/2022-04-12/az-iced-tea-inflation-99-cents
https://arstechnica.com/information-technology/2023/01/chuck-e-cheese-still-uses-floppy-disks-in-2023-but-not-for-long/
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