Walk through the downtown of any major world city, and you’ll see the intersection
of fashion and status carried on women’s shoulders or stacked like oranges in
the corners of stores by Louis Vuitton, Prada, Gucci, Hermes, Bottega Veneta,
Fendi, Christian Dior, Valentino, and Yves Saint Laurent—handbags with prices
ranging between $1000 and $10,000 each.
America hasn’t known rationing since World War II, but
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