The Shocking Story Behind the Diamond Engagement Ring
Our American Stories
iHeartPodcasts
4.6 • 817 Ratings
🗓️ 19 February 2024
⏱️ 11 minutes
🧾️ Download transcript
Summary
On this episode of Our American Stories, Tom Zoellner purchased a diamond engagement ring and proposed. His girlfriend said, "yes" and then suddenly walked out of his life, making Tom the owner of a used engagement ring. Instead of hitting the self-help shelves of his local bookstore, he hit the road to discover the true worth of this shining gem. Then he wrote The Heartless Stone.
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Transcript
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| 0:00.0 | This is an IHeart podcast. |
| 0:04.5 | Adventure should never come with a pause button. |
| 0:07.1 | Remember Movie Pass? |
| 0:08.4 | All the movies you wanted for just nine bucks? |
| 0:11.1 | I'm Bridget Todd, host of There Are No Girls on the Internet. |
| 0:13.9 | And this season, I'm digging into the tech stories we weren't told. |
| 0:17.4 | Starting with Stacey Spikes, the black founder of movie pass who got pushed out of the company |
| 0:21.6 | he built. |
| 0:22.8 | Everybody's trying to knock you down and it's not going to work and no one's going to like it. |
| 0:27.3 | And then boom, it's everywhere. |
| 0:29.3 | And that was that moment. |
| 0:30.7 | Listen to there are no girls on the internet on the IHeartRadio app, Apple Podcast, or wherever you get your podcast. |
| 0:48.3 | Yeah. or wherever you get your podcast. This is our American stories, and our next story is about a gem. |
| 0:59.0 | It turns out diamonds haven't always been rare stones. Since 1870, when huge diamond mines were discovered in South Africa, |
| 1:04.0 | soon after that discovery, the British financiers behind the South African mining effort |
| 1:10.0 | realized the diamond market would be saturated if they didn't do something about it. |
| 1:15.6 | So in 1888, they set two audacious goals. |
| 1:19.6 | One, monopolized diamond prices by creating Debeer's mines. |
| 1:23.6 | De Beers would then be able to stabilize the market by creating both the supply and the demand for diamonds worldwide. |
| 1:31.3 | Tom Zollner is a journalist and professor who lives in Los Angeles. |
| 1:35.3 | He wrote the book, The Heartless Stone, A Journey Through the World of Diamonds, Deceit and Desire. |
| 1:42.3 | Here's Tom with the story of that journey. |
... |
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