Cheaper Taxi Fares Coming Up: Ten Miles, Five Bucks!

by Mike ‘Mish’ Shedlock
Mish Talk

Here’s welcome news for city travelers but not for central banks such as the Fed, damn insistent on price inflation.

Alphabet’s carpooling program in San Francisco offers rides at amazingly cheap rates of 54 cents a mile, and that’s with a driver.

[…] Please consider Google Takes on Uber With New Ride-Share Service.

Google is moving onto Uber Technologies Inc.’s turf with its own ride-sharing service in San Francisco that would help commuters inexpensively join carpools, said a person familiar with the matter, jumping into a booming but fiercely competitive market.

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