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

submitted 6 days ago by Garibaldee@lemm.ee to c/usa@midwest.social

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[–] frezik@midwest.social 5 points 5 days ago (1 children)

That is not how mineral wealth works.

[–] theonlytruescotsman@sh.itjust.works -4 points 5 days ago (1 children)

Do tell me how you get infinite gold.

[–] frezik@midwest.social 5 points 5 days 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.