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submitted 1 day ago by Garibaldee@lemm.ee to c/usa@midwest.social
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[-] frezik@midwest.social 5 points 1 day ago

That is not how mineral wealth works.

Do tell me how you get infinite gold.

[-] frezik@midwest.social 4 points 1 day ago

Irrelevant. Gold has a use, and we haven't dug up all of it. Its price would fluctuate like any other mineral. Practical asteroid mining would crash the entire economy, but even without, gold used for any practical purpose besides money would put pressure on the demand curve that's never the same from day to day.

this post was submitted on 16 Dec 2024
181 points (97.9% liked)

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