You put a gold asteroid in orbit to mine. The price of gold plummets
Your messin’ with the author’s premise!
You put a gold asteroid in orbit to mine. The price of gold plummets
An old discredited economist maintained that the value of an item is determined by the labor to produce it.
I believe he was correct in this case.
It would require massive amounts of labor to produce the tools needed to recover extratrstial gold.
Asteroid mining is about the only part of space exploration that makes Sence. Mining and satalites for offense and defense to protect American interest.
“You put a gold asteroid in orbit to mine. The price of gold plummets”
“Four People Who Single-handedly Caused Economic Crises”
https://smartasset.com/insights/four-people-who-singlehandedly-caused-economic-crises
Mansa Musa is there along w/ Charles Ponzi, Nero and Jay Gould.
Funny thing about Musa is that, while this article states that he inadvertently caused tremendous inflation by dropping so much gold into Egypt & the MidEast, it doesn’t note that at the same time he enriched Italian traders who operated beyond the inflationary impact.
The dude may well have created modern Europe, lol.
SunkenCiv, you may have fun w/ this one.