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Marketplace All-in-One

Why do collectors collect?

Marketplace All-in-One

Marketplace

News, Business

4.51.4K Ratings

🗓️ 10 August 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

Is it about hoping to making a ton of money someday, or the satisfaction of having a full set? Collectibles expert Harry Rinker, also known as the Beanie Meanie, talks us through why so many people spent big on Beanie Babies and the risks of the collecting economy. Plus, airlines step in to fly people out of Maui during catastrophic wildfires.

Transcript

Click on a timestamp to play from that location

0:00.0

People in wildfire ravaged Hawaii had already been grappling with a housing shortage.

0:07.3

I'm David Brancaccio in Hawaii where at least 36 people are dead in wildfires.

0:12.3

Honolulu's convention center is being set up to shelter 4,000 people.

0:17.0

Hawaii has an ongoing housing shortage with severe homelessness in normal times.

0:21.6

Hawaii's Governor Josh Green called for people planning visits to Maui to cancel plans,

0:26.7

to free up hotels, resorts, and Airbnb spots to become temporary shelters.

0:32.4

And Ed Sniffen at Hawaii's Department of Transportation said in a briefing overnight

0:36.8

that officials and airlines work together to get more than 11,000 people off of Maui yesterday.

0:42.8

We look at the Trans-Pacific flights, Alaska, Delta, United, and American have increased

0:49.2

capacity by bringing in larger planes to ensure we get more seats to get more people off

0:53.6

the island.

0:54.7

Southwest has dropped their fairs and increased their service.

0:58.4

And Hawaii is still operating to make sure we can get as many people off of Maui as possible.

1:03.2

Marketplace's Nancy Marshall-Genzer has more.

1:05.8

The Maui County website asked visitors with vehicles or, quote,

1:09.6

any means of transportation to leave as soon as possible.

1:13.5

Lieutenant Governor Sylvia Luke is asking people planning to travel to Maui to cancel their trips.

1:18.9

She's activated the National Guard.

1:21.0

Maui is warning that some people may have low to no water pressure.

1:25.0

High winds and fires have damaged power lines to several pumping facilities.

1:29.7

There are reports the historic town of Lahaina on the western coast of Maui almost burned

1:35.0

to the ground completely.

...

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