Do you know why diamonds are so expensive?” “I don’t know—because they’re rare?” “No, they’re not rare. In fact, there are so many of them, they could be as cheap as the fake ones. But there’s this thing called the diamond consortium. All the owners of all the world’s diamond mines get together, and you know what they do? They hide their diamonds in this huge vault in this huge bank in Sweden or Switzerland or wherever. Thousands upon thousands of them. And hiding them creates the illusion that diamonds are rare, driving the prices through the roof.”
