Episode 678: Auction Fever : Planet Money We uncover the secrets of the auction world. There is conniving. There are tricks. Also: Hydraulic hammers.

Episode 678: Auction Fever

Episode 678: Auction Fever

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A Cat 345C L Excavator, aka a big digging machine Keith Romer/NPR hide caption

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Keith Romer/NPR

We go behind the scenes at an auction. It's hard to think straight when the numbers keep going up — especially if you're deciding in seconds whether to spend tens of thousands of dollars on a Cat 345C L Excavator.

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