Episode 1684
Is Instacart charging you more than your friends for the SAME food?
A new investigation claims grocery delivery apps quietly experiment with dynamic pricing — charging different customers different prices for identical items based on algorithms and purchasing behavior.
Nate and Chuck break down:
• What's actually going on with Instacart pricing
• Why almost every industry already does this
• Minnesota's insane COVID fraud scandal
• How government contracts became pass-through scams
• The real economics behind "price fairness"
This episode dives into consumer outrage, market logic, and why emotional reactions drive bad policy.
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00:00 Intro
00:22 Scandalous Wednesday: Somali Fraud and DEI Issues
07:43 Instacart Scandal: Dynamic Pricing and Consumer Reactions
21:57 Inner Dialogue and Market Dynamics
22:59 Digital Price Tags and Dynamic Pricing
24:22 Instacart's Pricing Experiments
27:03 Economic Principles and Market Tests
31:49 Barter System and Resource Allocation
33:24 Consumer Reactions and Market Efficiency
35:01 Airline Pricing and Market Competition
36:36 Manipulative Pricing Tactics
38:38 Economic Literacy and Free Market
41:49 Conclusion and Final Thoughts
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Published on 3 weeks, 5 days ago
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