Sure, diamonds have less intrinsic value than some items (eg, bread, lumber, bacon), but they're no different from paintings,
sculptures, plays, concerts & other expensive luxuries with value either ephemeral or also based upon contrived scarcity.
Similarly, if I go snowboarding, there is no lasting value for my money either. People spend their cash in ways which make
them happy. Oh, one particular way doesn't please you? Then don't spend yours that way.
sculptures, plays, concerts & other expensive luxuries with value either ephemeral or also based upon contrived scarcity.
Similarly, if I go snowboarding, there is no lasting value for my money either. People spend their cash in ways which make
them happy. Oh, one particular way doesn't please you? Then don't spend yours that way.