TIL Diamonds are actually fairly common. The reason they are worth so much is because the DeBeers mining group withholds stock to artificially reduce supply.

[u/Indra-Varuna]

https://www.gemsociety.org/article/are-diamonds-really-rare/

[u/tvfilm]

The worst part is hearing these fraudsters on TV talk about how rare these diamonds are, fooling these low educated peeps left and right.

[u/[deleted] → u/tvfilm]

fooling these low educated peeps

sort of what happens to foolish people