As reported by CNBC:

• The “quiet luxury” trend has quickly caught on, even though, these days, most Americans are more likely to live paycheck to paycheck.
• Marked by expensive materials in muted tones, quiet luxury is also known as "stealth wealth."
• As Americans’ economic circumstances get increasingly divided, consumers could benefit from the shift to low-key basics over loud logos, one financial expert says.

Trouble is, all that still assumes a certain privileged economic position. Quiet or loud, it's all the same at the margins.

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