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Re:What the diamond industry is really selling by jwhitlark on Monday February 15, 2016 @01:44PM (#11105100)
While marketing had a role in this, expensive and basically worthless gifts are used as expensive signaling, much like a peacock's feathers. Basically you're showing that you can and are willing to take a hit for your future mate. http://www.theatlantic.com/daily-dish/archive/2010/08/a-part...

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