5 ms·
People say gold is a good store or value because it has relatively inelastic (hard to ramp up) supply and relatively modest and stable demand (jewelry, industri
by nly 4y ago
People say gold is a good store or value because it has relatively inelastic (hard to ramp up) supply and relatively modest and stable demand (jewelry, industrial uses etc).
The cost of chicken has actually plummeted over the last century, even adjusting for inflation, because we can battery farm them now and they produce way more meat than they used to due to selective breeding etc.