The Black Market Turning "Stealth Wealth" & "Quiet Luxury" Upside Down

The world of status symbols and all their various manifestations (“quiet luxury,” “stealth wealth,” and even conspicuous dressing down as a backhanded sign of prestige) has operated in a more or less predictable way over the course of history—until now. Amy X. Wang, whose reporting for the New York Times uncovered a replica black market that’s exploded in popularity in recent years, joins me to discuss. Transcripts, show notes, production credits, and more can be found at: https://moneywithkatie.com/luxury-black-market. Learn more about your ad choices. Visit megaphone.fm/adchoices