I've heard the term "conspicuous consumption" thrown around over the years but it's never properly defined. Because I like to label everything, just ask my critics, I'll label it: Conspicious consumption is when a person has something that is greater than 4X in size or value of what the typical American has. Let's play a game with that: The typical American car now costs around $25,000. A $100,000 car seems really over the the top to a lot of people. The typical American ...