3 ms·
> If you're right about the cost of electricity "staying the same" — by which I assume you mean that, in the US, it increases in line with the BLS CPI? Yes I m
by dmoy 7y ago
> If you're right about the cost of electricity "staying the same" — by which I assume you mean that, in the US, it increases in line with the BLS CPI?
Yes I meant real price, not nominal.
US electricity is somewhere around a third from coal.
I would be interested in a study showing a 15-30x increase in similar-quality construction materials.
The fixation on gold makes no sense to me. It's just a commodity, not a super useful one either. Gold's price floats wildly based on people's fears. It's not like everything became 4x more expensive between 2000 and 2015.
- kragen 7y ago> Yes I meant real price, not nominal. We were debating precisely which data series is best for computing the "real price" from the nominal prices. But it seems you take me for a fool and beg the question.