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.

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