Diamonds are Stupid
So, apparently, synthetic diamonds are flawless compared to natural diamonds. Yet, they’re less desireable. People would rather pay through the nose to the Boer Capitalist Slavedrivers* for a less perfect stone because it’s “authentic.” This is ideotic. This is a vicious cycle: people think diamonds are valuable because they’re expensive, and they’re expensive because the value people place on them crates a high demand. So, in essence, they have a high demand because they have a high demand. There’s a word for this: not artificial demand, but some eponym, ___ Goods or something like that.
In short, Diamonds Are Forever Stupid.
*And, by reading the wiki article on DeBeers, it appears to have been founded by an Englishman, Cecil Rhodes. But I like the above phrase, and it’s staying in.