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> Copper is seeing massive inflation right now. An asset that isn't used as a medium of exchange does not have the characteristic of inflation. An asset can ha
by mbesto 6y ago
> Copper is seeing massive inflation right now.
An asset that isn't used as a medium of exchange does not have the characteristic of inflation. An asset can have an inflated price (in a currency) but the asset itself (in this case copper) cannot have inflation if its not used as a medium of exchange. The distinction is important.
- grey-area 6y agoHow would you best describe the price rises in copper and copper miners? Just copper prices are going up right now?
- mensetmanusman 6y agoCopper is needed to move electricity