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Skeptoid

Skeptoid #654: Pop Quiz: Consumer Ripoffs

Skeptoid

Brian Dunning

Skeptic, Social Sciences, Skepticism, Paranormal, Conspiracy Theories, Urban Legends, Science, History

4.63K Ratings

🗓️ 18 December 2018

⏱️ 18 minutes

🧾️ Download transcript

Summary

How well do you know your Skeptoid? Today's pop quiz focuses on consumer ripoffs.

Transcript

Click on a timestamp to play from that location

0:00.0

One thing I've always hoped for is that any long-time listener to Skeptoid will have

0:08.2

an extra layer of defense against all the various consumer ripoffs out there, whether

0:13.5

they're pyramid schemes, fraudulent health products, or just plain scams.

0:18.7

Today, we've got a handy check-up for all of you who consider yourselves well-defendant

0:23.5

against such things. It's a Skeptoid Pop Quiz designed to test your knowledge of consumer

0:30.5

ripoffs. And it's coming right up, Un Skeptoid.

0:39.2

You're listening to Skeptoid. I'm Brian Dunning from Skeptoid.com. Pop Quiz consumer

0:45.6

ripoffs. Take your seats, class, because it's time for another Pop Quiz. If you think you've

0:52.6

done well enough on the previous quizzes, today is my chance to knock you down a peg. Today's

0:58.4

topic is consumer ripoffs, snake oil products and other scams that leave the scientifically

1:04.7

illiterate, vulnerable to being taken advantage of. So let's begin. If you want time to think

1:10.3

about each of these, just be ready to hit the pause button before I give the answer.

1:15.3

And feel free to take as much time as you need. And don't try to look for a pattern because

1:19.8

I used the random number generator on my Hewlett-Packard 15C, quite the classic, by the way, to place

1:26.2

each correct answer.

1:29.8

Number 1. Network Marketing. What were once called multi-level marketing programs, barely

1:36.4

legal variations on pyramid schemes such as AMOI, Urbalife and Doterra, have rebranded

1:43.0

themselves as network marketing in an effort to escape the stigma. Surveys of participants

1:49.1

have proven what the statistical models predict, which is that virtually no participants

1:54.1

ever, either successfully sign people up as distributors or successfully sell their products

2:00.0

to anyone else. What percentage of all MLM participants lose money, rounded to the nearest

2:07.6

percentage point? A. 50%. B. 98%. C. 100%.

...

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