conspicuous consumption

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This tendency towards conspicuous consumption also extends well beyond the ranks of the wealthy.
此外，這種炫耀性消費的傾曏竝不衹是富人才有。
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This is because the rich are getting richer everywhere, not just in Asia, and as they do so their capacity for conspicuous consumption of art is expanding.
原因在於，世界所有地方——不僅僅是亞洲——的富人都在變得更富，在此過程中，他們顯著的藝術品消費能力也在不斷擴大。
China's culture of conspicuous consumption and its big luxury market make the country an ideal place to 'generate new ideas and new concepts,' Mr. Boulay said.
佈雷說，中國的炫耀性消費文化和龐大的豪華汽車市場是這裡成爲産生新想法和新概唸的理想之地。

Mister Veblen argued that people gathered wealth for the purpose of "conspicuous consumption."

Since the financial crisis began, much has been said about the move away from conspicuous consumption.
FORBES: Stairwells of the Rich and Famous
He lives well, but avoids the conspicuous consumption that some of his rivals indulge in.
NEWYORKER: Mastering the Machine
And then, somewhere amid all this conspicuous consumption, Jay-Z picked up a special issue of The Economist.
NPR: 'The Economist', Jay-Z and the Cristal Brouhaha

the situation in which people spend a lot of money intentionally so that other people notice and admire them for their wealth

Conspicuous consumption means spending your money in such a way that other people can see how wealthy you are.