Better than hiding wealth with art in storage centers that will never be seen again.

The Cleveland clinic has a nice, informative page if you want more information [0]

[edited to add]

The response of the innate immune system to the infectious agent / injury is what causes inflammation - i.e., for instance, fever, swelling, etc. It is a very very complex multi-cascade process, but one of the first responses to an injury, for instance, is the release of signalling molecules that results in localised swelling, slightly elevated temperature (which makes the tissue a little more inhospitable to bacteria / viruses), etc. all of which serve as the front line defense. <This is a severe over-simplification> Wikipedia has a good explanation that goes into the roles and triggers of the inflammatory response. [1]

Acute inflammation in response to infections and injuries is a good thing, and from everything we know, it is a necessary part of the immune response. The challenge is when the same inflammation response is mis-directed to target the body - for instance, in rheumatoid arthritis, and other inflammation related auto-immune disorders.

[0] https://my.clevelandclinic.org/health/symptoms/21660-inflamm...

[1] https://en.wikipedia.org/wiki/Inflammation?useskin=vector

Hermes gives you 24 hours to go into the store and buy the item. Otherwise the bag goes to the next buyer on the rolodex.

Buyers call their friends and make it into an event. They’re literally giddy and excited to go. It’s like winning the lottery.

You’re ushered into a private room with nice couches, mirrors, a phone. You choose a scarf and wrap the scarf around the strap.

Buyers text their sales rep almost daily.

In a way it’s like a drop in the NFT space.

Some examples:

Rolex - stainless steel models are desirable and appreciate, gold models go for below msrp

Porche - Bucking the trend a bit, Porche gives you the option of paying an additional dealer markup rather than making you buy a Macan to get a GT3 RS.

Over time, this arbitrage goes to equilibrium and resellers can’t make money. It is relatively easy to get into this market so naturally it gets flooded. Profit goes to 0. Resellers also carry a risk that the item loses market value while they hold it. The only real winner here is the brand.

But I do have that this is phrased as moral panic around "social media". In general, I hate the entire term "social media" because it smooshes together consumption of user-generated content, production of content, consumption of social network and contribution to social networking.

These are all very different phenomena. Kids watching Tiktok, Reels, Shorts, or whatever, doesn't really bother me at all. Producing the content bothers me a little more, but mostly as a parent -- I don't like the idea of people leaving a permanent record of all the stupid shit that they thought when they were a kid.

The other side of it, social networks, are very much a mixed bag; I'm not certain that the rise of "cyberbullying" or spreading rumors via social media is any worse than it ever has been -- we just have more visibility into it, because instead of a he said/she said about a who started a rumor, you have the screenshot of the rumor being started or spread. Maybe this makes it worse because of the indelibility, or maybe it's ameliorated by the fact that these sorts of rumormongering is so widespread and easy to see.