> I would make the suggestion that their scarcity is entirely artificial to inflate prices. You're suggesting people pay $4,000 for a LV bag because LV is limi

> I would make the suggestion that their scarcity is entirely artificial to inflate prices. You're suggesting people pay $4,000 for a LV bag because LV is limiting their supply and they're difficult to find? I don't think that's the case. They're expensive because only LV can produce bags with their logo, and they're charging as much as people are willing to pay. Artificial scarcity might be the case for a special edition bag, or a Nike or Adidas shoe produced in a unique color with a limited run of 100 products. But, that's not the core of their business or the source of their overall higher prices. In short, LV bags are simply not scarce.