Algorithmic Price Manipulation & Targeted Gouging | The Weekly Show with Jon Stewart
As the Fed battles inflation and Americans bear the costs, Jon is joined by Lindsay Owens, President and CEO of the Groundwork Collaborative and author of the new book “Gouged: The End of a Fair Price—and What That Means for Your Wallet.” Together, they uncover how corporations collude to manipulate prices—and expose the new tools and technologies companies are using to track us, target us, and charge us more at checkout. Plus, Jon answers listeners’ questions about whether there’s any point in even asking Trump questions, the Supreme Court, and when to decorate for Halloween! 0:00 - Introduction 3:50 - Fed rate hikes 15:30 - The price of collusion 20:12 - Pricing volatility 28:22 - Surveillance pricing 33:08 - Profit maximization / exploitation 39:05 - Raising prices 49:07 - Algorithmic price fixing 1:00:45 - Corporate government capture 1:09:44 - Legislative enforcement 1:16:03 - Jon on Lindsay Owens discussion 1:25:06 - Ideologic capture and financial corruption This episode is brought to you by: QUINCE - Head to https://Quince.com/tws for free shipping on your order and 365-day returns. Now available in Canada and the UK, too. TREES.COM - Get 20% off at https://trees.com with code TWS. MINT MOBILE - Shop plans at https://MintMobile.com/TWS. UPWORK - : Visit https://Upwork.com/TWS right now and post your job for free. #TheWeeklyShowWithJonStewart #TheWeeklyShow #JonStewart #ComedyCentral Subscribe to The Weekly Show: https://www.youtube.com/@WeeklyShowPodcast?sub_confirmation=1 Follow The Weekly Show: X: https://www.x.com/weeklyshowpod Instagram: https://www.instagram.com/weeklyshowpodcast/ TikTok: https://www.tiktok.com/@weeklyshowpodcast Watch full episodes of The Weekly Show: https://www.youtube.com/playlist?list=PLIti_J5fVo4IiJWQluYFpz-DbWOF0mK3o About The Weekly Show: On Mondays, Jon Stewart hosts The Daily Show, but on Thursdays he hosts The Weekly Show — A podcast featuring in- depth conversations with special guests that explores the biggest threats to our democracy. Also hear from producers and friends of the show who discuss the latest headlines, what’s on their minds, and more! The Weekly Show with Jon Stewart releases new episodes every Thursday wherever you get your podcasts & full episode is available on YouTube, Fridays at 9AM ET.
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