Comments by "" (@ericp1139) on "How are luxury brands beating the cost of living crisis? | Business Beyond" video.

You guys are wrong. The poors can buy expensive things, but luxury brands will not sell to you, even if you have money. They will put you on a waiting list, do a background check, and make you develop a purchase history. Expensive and luxury are not the same.
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@OverTheVoids don’t be cute. There was no reason to bring up AAs and everyone knows the “welfare” remark is soon to follow.
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@SeeLasSee go into a Rolex authorized dealer and tell me how it goes. You’ll end up on a “waiting list.”
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@chillxxx241 it’s nothing new. Not any different than fine art or rare wines.
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@shauncameron8390 nope. Go read up on neoliberalism.
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@rahimi4762 I can assure you, brands like Ferrari, Rolex, Hermes, etc screen out the poors. Yes, the poor/middle can buy expensive things, but they are excluded from these luxury brands by design.
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A lot of luxury goods are treated as ways to fence money. Not just in China.
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@eclecticism3086 deserve meant you did something to earn it. The day you were born, you didn’t do any extra work than some kid born in a shack.
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@eclecticism3086 there are basic rights people deserve to live. Luxury, by its nature, is not one of them. It’s a blessing, but not something earned just by being born.
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They are Veblen Goods. It’s a game only the wealthy play, where whatever they buy only increases in value.
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@NebkadBible Oh, how much stimulus did you receive that you're high rolling?
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It’s neoliberalism: the rich get richer and the poor get poorer.
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Yay neoliberalism
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