Re:Diamond Prices Are in Free Fall in One Key Corner of the ...
by rbranson on Tuesday September 05, 2023 @07:01PM
(#37398995)
Outside of a few household-name Champagne houses, most expensive wine is expensive because it is desirable and the vineyards used to produce it are tiny. Standard economics.
[1] https://www.investopedia.com/terms/v/veblen-good.asp