> as a consumer, it's not easy to differentiate between quality markup and greedy markup This is so true and insightful. Even plenty of so-called “luxury goods

> as a consumer, it's not easy to differentiate between quality markup and greedy markup This is so true and insightful. Even plenty of so-called “luxury goods” are trash. And outside of luxury, it seems like most markets are dominated by roughly 90-99.9% products that are all identically garbage, just ranging from 1%, 2% up to 800% profit margins. So the person buying the high-end brand and the one buying from Aliexpress both have the same quality components (trash tier) and sometimes the same PCBs and designs. If you want a good quality refrigerator, you can buy a Viking or something for $9,000, or spend any amount of your choice from $800-5000 for something that will die in 2 years and be outside of warranty. It makes my blood boil, especially in areas like appliances, where the amount of waste, by tonnage, is super offensive.