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WSJ Your Money Briefing

How Inflation Raises Our Standards for Having Fun

WSJ Your Money Briefing

The Wall Street Journal

News, Business News

3.81.6K Ratings

🗓️ 14 November 2023

⏱️ 8 minutes

🧾️ Download transcript

Summary

The rising cost of having fun is changing the way some people enjoy experiences and how they calculate whether having a good time is living up to the price. Wall Street Journal personal-finance reporter Joe Pinsker joins host J.R. Whalen to discuss. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hey your money briefing listeners, this is J.R. Whelan.

0:03.0

Here at YMB were all about bringing you important personal finance and career news

0:07.5

to help you make better decisions about your money.

0:10.0

But we want to learn more about you.

0:12.0

What kind of financial stories would you like to hear on the show?

0:15.6

If you're listening on Spotify, look for our poll under the episode description or you can

0:20.2

send us an email to YMB at wsj. com that's yM b at wsj

0:27.3

dot com now onto the show

0:31.8

here's your money briefing for Tuesday, November 14th. I'm J. R. Whelan for the Wall Street Journal.

0:38.0

Let's say you go to one event every year to have a good time, but if the price of that

0:44.8

event keeps rising, would that change how much you enjoy it? Some people feel that inflation

0:50.6

is taking the fun out of having fun.

0:53.0

It's making people more attuned to whether the experience they're having is really worth it.

0:58.0

When you've sunk a lot of money into something, maybe more than you would have wanted to.

1:03.0

It might make you more likely to ask yourself how much fun you're really having

1:06.8

when you're at that concert or that sports game or what have you.

1:10.0

We'll talk to personal finance reporter Joe Pinsker after the break. AI may be the most important new computer technology ever, but AI needs a lot of processing

1:32.0

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1:35.0

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1:38.0

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1:41.0

OCI is the single platform for your infrastructure, database, application development,

1:46.7

and AI needs.

...

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