4 ms·

There doesn't need to be, and if you tried to sell it all at once, you'd destroy the economy by making that resource totally worthless.

• bilsbie 4y ago
  Source?
  • s5300 4y ago
    It’s a little bit outdated at this point, but Mansa Musas’ journeys.
  • mtoner23 4y ago
    FTX
  • robbiep 4y ago
    That’s how economics works. For real world examples, look at Mansa Musa’s pilgrimage (0) https://www.nationalgeographic.org/encyclopedia/mansa-musa-musa-i-mali/ https://www.nationalgeographic.org/encyclopedia/mansa-musa-m... (1)
    • danjoredd 4y ago
      Isn't that what happened to the Tulip market with the Dutch East India Company as well?
      • robbiep 4y ago
        That’s the bursting of a bubble - which is slightly different because of the speculative pressure that creates it, as opposed to pure oversupply
• seizethecheese 4y ago
  “Destroy the economy” is wrong. The price would collapse but the value of aggregate exchange of the good should increase. Example would be textiles in the Industrial Revolution.
  • withinboredom 4y ago
    hmmm, probably could have been more clear. I meant "metal economy" not literally the whole economy.