3 ms·

With a designer handbag, you get something that's worth $50 for a cost of $500. That's a 100% chance of a $450 loss. But, you say, it gives me pleasure! Well,

With a designer handbag, you get something that's worth $50 for a cost of $500. That's a 100% chance of a $450 loss. But, you say, it gives me pleasure! Well, so does gambling. And spending money for pleasure is fine, so long as you can afford it. And if you can't, it's equally bad.

alphabettsy 3y ago
They actually can hold their value quite well or go up in value. The value of something is what someone else would pay for it. The relatively utility of a $500 bag is no more than a $50 one, that’s for sure. The effect on pleasure between gambling and a handbag are immeasurable and maybe equal so in some sense you’re right. I’ll never buy one, but it seems like you’re distorting reality to make your point.