It is true that increased supply -- all else equal -- decreases price, but, 1) we will find uses for the element that we don't currently use/know about and 2) w

It is true that increased supply -- all else equal -- decreases price, but, 1) we will find uses for the element that we don't currently use/know about and 2) we will never find infinite amounts of any resource so this means that. Prices will decrease marginally, but theres no way to know to what extent prices would fall. Thought experiment: SpaceX is able to lasso up a 100% diamond asteroid and bring it to earth. Suddenly supply of diamonds is 1000x what it was expected to be that year. Diamonds will be worth marginally less as a result, however, it does not mean all that diamond asteroid is worthless. I am sure diamond mines would close for a bit as that asteroid is likely cheaper per unit than some other methods. Suddenly because diamonds because relatively cheaper they can begin to be used for all kinds of currently uneconomical uses. Maybe diamond fiber becomes the next typed of networking cable, or diamond asphalt makes our roads last forever, or diamond knives become all the rage for top chefs -- I don't know, but we'll find a way to use cheaper diamonds, and that asteroid is going to be worth a boatload no matter what. Wish I had more time to think about this, but work calls.