In 1970, a consumer magazine in London suddenly wanted to test the investment value of diamonds. It bought two 1.5-carat diamonds at a jewelry store for 400 pounds. In 1978, when the magazine's editor-in-chief Watts planned to sell them When there were two diamonds, most merchants refused to pay cash, and the highest quotation received was 500 pounds.If you take into account the inflation rate at that time, this quotation is equivalent to 167 pounds in 1970.
passage?
Diamonds do not hold their value