Completely true in some segments and you can see apple even tried the 1%er watch thing with the ceramic editions. They did keep the Hermes straps around, so it’

Completely true in some segments and you can see apple even tried the 1%er watch thing with the ceramic editions. They did keep the Hermes straps around, so it’s really just veblen good accessorizing now. On the other hand there’s the old line about how America is great because the minimum wage worker and CEO both drink the same Coke. Nowadays food has stratified far more and you’re more likely to have the bottom end drinking discount label house brand soda while the 1% doesn’t even drink Coke but instead some artisanal small batch thing you’ve never heard of for $5/can.