Episode 695 • • 2:35:50 - 2:41:05
695: Democritate
California Psychics, Economic Scams and Cold Reading
The resurgence of "California Psychics" commercials is identified as a cyclical phenomenon often tied to economic depressions. The business model, which starts at $1 per minute but can escalate to $14 per minute, is deconstructed as a classic cold-reading scam that uses basic personal information to create the illusion of supernatural insight.