Comment by eru
> There is an inflection point, where the price of a good is minimized whereas it's quality and lifespan is maximized. Such an inflection point is somewhat high - meaning it cannot be reached by poor people.
You say that as if it's universally true of all goods.
Btw, finance is one way to transform cap-ex into op-ex. That's why we have mortgages and you can rent things.
> Sure, a Birkin might be pretty, but really any decently made leather bag will run circles around what you can find at Target. The Birkin isn't bought for quality.
That's why you don't buy a leather bag when you are poor and have your wits about you. Leather is expensive. Not just absolutely, but also per use of your bag.