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‘Unstoppable Desire’ for Travel Coming After Covid, Levchin Says

 A Transportation Security Administration agent wears a protective mask behind a barrier at Ronald Reagan National Airport in Arlington, Virginia

 A Transportation Security Administration agent wears a protective mask behind a barrier at Ronald Reagan National Airport in Arlington, Virginia

Photographer: Sarah Silbiger/Bloomberg

Consumers are about to unleash a flood of spending money on weddings, fancy clothes and travel, said Max Levchin of payments company Affirm Holdings Inc.

There will be “a quarter, or maybe a year, of unstoppable desire to not be in the same city or same four walls,” Levchin, Affirm’s chief executive officer, said in a Zoom interview Wednesday. “The question is, how long will it take for people to say, ‘OK, I’ve got the travel bug out of the way?’”