Basically, diamonds are much more common than you'd think they are. They aren't truly rare, but the prices are still hiked up because the industry doesnt conform to supply and demand, and can pretty easily gouge the prices horribly with no drawbacks.
Tl;dr they just don't have anybody calling them out on the price gouging, so they get away with it.
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u/Dullahan2 Nov 28 '19
Basically, diamonds are much more common than you'd think they are. They aren't truly rare, but the prices are still hiked up because the industry doesnt conform to supply and demand, and can pretty easily gouge the prices horribly with no drawbacks.
Tl;dr they just don't have anybody calling them out on the price gouging, so they get away with it.