Prices presented in the show are presented without question. At no point does anyone question their absurdity.
I’ve watched The Price is Right since the 80s and their prices have always been high. I don’t know if that’s the price in California or if their using the MSRP or something else but their high prices is not a new thing.
The show uses MSRP for all the items. There was a guy who ended up memorizing them all and would yell the correct answers from the audience.
That was an entertaining documentary!
I’m intrigued, do you have a link?
It’s called the perfect bid on netflix
“It’s one banana, Michael. What could it cost, $10?”
Aside from “Um, Actually…”, I can’t think of another game show that commonly lets contestants challenge the right answer on air in front of everyone.
Have you tried QI?
Honestly inflation seems preferable to deflation to me, as long as it isn’t a very fast inflation.
Inflation is great to keep the stock market afloat. That’s about its only redeeming quality. The reason that most economists like inflation is the false premise that people will stop spending money if money starts increasing in value… but the vast majority of people are going to spend their money one way or another, cause they can’t just stop buying food or paying for rent… and they’re not going to skip out on what little fun they can have because it might be a little cheaper later.
Deflation is bad for the rich. Because it means their non-monetary assets are suddenly worth less.
2% per year doesn’t seem fast until you learn about the exponential function
Many economists agree
Actually went to the price is right taping not that long ago. The audience got to ask some questions while they were setting up between games and someone asked how they got the prices. They said they literally just go to the grocery store down the street from where they tape and pick things up as they need them and use those prices. Not everything is complicated, it’s a very simple practical answer. It’s also good to remember these are LA California prices, so they’re going to be more than national average.
Why would people question the price of the prizes? All the contestants know that inflation is high right now, questioning the absurdity of the prices won’t help them win or accomplish anything else since the show doesn’t control the prices.
No advertiser would stick around after getting called out like that.
I always cheekily call it ‘the price is wrong’ show.
Inflation is normalized if you like it or not. Its caused by raising minimum wage among other things.
Holy brainwashing batman
Inflation is happening regardless of changes to the minimum wage.
This is factually incorrect.
That’s why inflation has hardly gone up in fifty years! Wait…
