The Indicator from Planet Money The most expensive banana in the world and other indicators
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Nov 22, 2024 Discover the bizarre world of funeral service pricing, where transparency is a rare commodity. Dive into the outrageous topic of a banana artwork that fetched a staggering $6.2 million at auction, challenging our concepts of value. Explore the remarkable wealth gain of Elon Musk since Trump's election, linked to politics and market dynamics. Additionally, delve into the rise of meme stocks and the absurdity that surrounds them. This fascinating interplay of economics and culture will leave you pondering the true worth of both art and wealth.
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Funeral Home Price Transparency
- Funeral homes are not known for advertising their prices.
- Consumers can be taken advantage of, especially when grieving.
FTC Funeral Rule Audit
- The FTC's funeral rule requires funeral homes to be transparent about prices.
- A 2023 FTC audit revealed only 30% of funeral homes provided price information on the first call.
Elon Musk's Net Worth Surge
- Elon Musk's net worth increased by an estimated $67 billion since Trump's election.
- This might be due to crony capitalism, deregulation hopes, or Tesla's meme stock status.