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I'm always puzzled by the (ever-predictable) reaction that some of these stories get: "well, if you try to sell that on the current market you'll kill it foreve
by theideaofcoffee 4y ago
I'm always puzzled by the (ever-predictable) reaction that some of these stories get: "well, if you try to sell that on the current market you'll kill it forever!1" or "it won't be worth that when you get it here and try to unload it all!11"
Who cares? You're deliberately being obtuse, yes, we know how Econ 101 works.
The idea, at least in my mind, is to open up things that were limited by the resources that it could provide that were previously scarce. More manufacturing of things with needs for precious metals, more building with iron and that iron refined into steel, more overall resources available to make shit with etc etc. I would think the results of that would be worth far more than the nominal value.