artificial scarcity
Conspiracy theories tagged "artificial scarcity."
3 articles
Confirmed
Diamonds Are Forever — Artificial Scarcity by De Beers
De Beers ran a confirmed monopoly on diamond supply for over a century while using the 1947 'A Diamond Is Forever' campaign to manufacture the tradition of diamond engagement rings and suppress resale markets.
1888 · South Africa · Cecil Rhodes, Ernest Oppenheimer, De Beers
Confirmed
Diamond Resale Value Myth / Engineered Illiquidity
De Beers deliberately built a retail market with no buy-back mechanism, trapping consumers in an illiquid asset that loses 50% of its value upon purchase — a designed feature, not a bug.
1888 · South Africa · De Beers, Cecil Rhodes, Ernest Oppenheimer
Mixed
OPEC Oil Embargo / Artificial Scarcity Conspiracy
Theories that the 1973 oil embargo was engineered not just as Arab retaliation but as part of a broader US-Saudi agreement to dramatically raise oil prices, strengthening petrodollar hegemony.
1973 · Saudi Arabia · OPEC, Henry Kissinger, Richard Nixon