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I'm not sure the stockpiling you mention will work the way you propose. We already stockpile oil, yet we still see price shocks. Stockpiling metals can still le
by giantg2 7mo ago
I'm not sure the stockpiling you mention will work the way you propose. We already stockpile oil, yet we still see price shocks. Stockpiling metals can still lead to price shocks due to reluctance to release them and the need to eventually replenish them.
We also stockpile foods and medications, and that doesn't provide price stability.
- KaiserPro 7mo agoYes, but you are missing the critical bit. Food is a constant need, and you can't exist for long without it. Sure we need to increase battery sotrage, but in ~5 years time, it'll be maintainance, assuming the correct adoption rate. So yes we will still _need_ batteries, but we don't need a constant supply of new batteries to keep the lights on.
- giantg2 7mo agoA 5 year full adoption rate is not even close to possible. Once you reach maintenance phase you still have to replace stuff, so just like food you will need a constant supply.
- KaiserPro 7mo agoRight, but you realise that even if we manage to buy everything all at once, we are looking at at least a 15 year operating lifespan. Yes, there will need replacement, but not all at once and not the same volume