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Trump’s DOGE Team Is Asking Potential Appointees If They Can Abolish the FDIC (truthout.org)

submitted 1 month ago by [email protected] to c/[email protected]

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[–] [email protected] 5 points 1 month ago (1 children)

That is not how mineral wealth works.

[–] [email protected] -5 points 1 month ago (1 children)

Do tell me how you get infinite gold.

[–] [email protected] 5 points 1 month ago

Irrelevant. Gold has a use, and we haven't dug up all of it. Its price would fluctuate like any other mineral. Practical asteroid mining would crash the entire economy, but even without, gold used for any practical purpose besides money would put pressure on the demand curve that's never the same from day to day.