Do the Math

More on the Lady Gaga front: I wondered yesterday about what interest would accrue on money spent for tickets this week for a show that won’t take place until next year. Fortunately, my friend Emmett in Canada had the same thing cross his mind:

According to average ticket price for Lady Gaga is $48.25. if the promoter can sell 11,000 tickets this Saturday that will give them $530,750 to earn interest on for the next 11 months.

  • But what if we have deflation? That Gaga is a gambling girl.