Economic Tidbits

Hmmm…

“BMW introduced a monthly fee of $18 to activate seat warmers on some of its cars, with ‘unlimited’ access for a one-off fee of $415. Mercedes-Benz charges $60 a month, or $600 a year, for the option to boost the acceleration of some of its electric vehicles. Imagine if this catches on. Want to use your smartphone camera’s zoom? Pay up. Need to use your oven at its maximum temperature? Sorry, that is for premium subscribers only.” Leo Mirani, Asia correspondent, The scourge of ‘stealthflation’, The World Ahead 2024, The Economist, November 2023.

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