Thread: It's the final countdown!
View Single Post
gerbick
2017-09-14 , 06:03
Guest | Posts: n/a | Thanked: 0 times | Joined on
#5314
Originally Posted by pichlo View Post
But that does not contradict what I said. By controlling either supply or demand, you control the price. DeBeers managed to control both.
They marketed it as rare. It’s not. They didn’t create demand. They marketed it as the ultimate gift.

That is the key difference. The supply is huge. They created a demand. They controlled the price.

You know what? **** it. That’s enough verbiage for a pedant to continue. You’re right. I’m wrong. Done talking about faked demand and how marketing really obscured that the supply was not truly the issue.