The death of the gold standard not only pushed people into the fiat scam, but also the Diamond scam.
Discussion
Lab-grown diamonds are the best thing that ever happened to the diamond industry
*to the people
They still curtail the amount of la grown diamonds that are made
Yes, to the customers... but also to the industry (market corrections are healthy for industries!)
Maybe they curtail it but it doesn't really matter... classic disruptive technology story. Better product at cheaper prices. Like Netflix to Blockbuster.
The old industry is dead as we know it.