Namsnanny i am inclined to agree very jumbled up thinking.
Taste is not the decider between conspicuous consumption and frugality. Many people who are frugal in their living have great taste and immense style. They just manage it without spending much They also have presence that draws people's attention.
Have you not seen vintage chic and shopping second hand regularly discussed in all the media. I have bought a number of items of second hand clothing online and in charity shops and I am happy to tell people about my bargains.
There is no shortage of SUVs and 4x4s in my rural fatsness and bling, real or fake, seems to be flashed about as much as ever.
Yes, no one wears fur these days, but this is because of animal rights group. Anyway fur wasn't always expensive. Rabbit fur coats were all the rage sometime in the 60s, I had one. I think I bought it at Richard shops or Dorothy Perkins. It certainly wasn't expensive.
Recycling isn't driven by frugality it is driven by climate change and the spread of plastics in the sea, and local authorities running out of land fill sites.
Anyway flaunting wealth has got little to do with how much money you have. I was brought up to think that it was vulgar for wealthy people to flaunt their wealth and those with generations of wealth didn't. That was left to the nouveaux riches, those who had recently acquired wealth and wanted to show it off.