The Economics of Jewelry: as Seen at Age 5

I've been spending time today with my 5 & 8 year old cousins who want to know how everything works. They asked me if I use real stones for my jewelry. I said yes, that I use diamonds and sapphires. Then the 5 year old's eyes got really big and she said "you must be very, very rich to buy those." I wish life was that simple.

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