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Hannah Montana Ticket Prices Continue to Soar

10/29/2007 6:38:22 PM

With prices hitting $2,427 each on the secondary market, parents are getting a little panicked. The Fed (!!) even tried to get involved but there’s not much they can do. Says the Richmond Federal Reserve, in this Reuters article, you can’t really blame the market forces. “The more fundamental issue is that promoters of the Hannah Montana series apparently haven't priced tickets commensurate with demand, opening the door to a secondary market with much higher prices."
 
Meet the country’s newest capitalistic force: tween girls. Get crackin’, Alan Greenspan. Your second edition needs a new chapter: “The Miley Cyrus Effect.”

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