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Engagement rings are not a gesture of commitment, they are a gesture that you're willing to play in the status game and spend considerable resources to give your spouse the ability to signal that they are in possession of someone who is willing to spend considerable resources on them.

99.99% of people who buy the engagement rings are better off investing the funds and going with a fake shiny thing if they want to "fit in" with their peers, and just lie to people. Or they can inform others how little value status signaling provides them, especially if they don't have considerable assets to blow.



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