Re:Diamonds Suck (2006)
by liquidcool on Monday November 14, 2016 @07:34PM
(#12954652)
There was a big ad campaign from the diamond cartel to make everyone believe that 3 months of (gross) salary was the standard amount to pay for an engagement ring. That means if you only make $36K/year, you still shell out $9K for a ring. I don't know how many bought into it, but it likely did raise the average amount paid by anchoring the price so high. "That's crazy! Maybe half that..."
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