NASA headed towards giant golden asteroid that could make everyone on Earth a billionaire

submitted by EthnocratArcheofuturist from (self.debatealtright)

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[–]literalotherkinNorm MacDonald Nationalism 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (3 children)

To your point about abundance I agree it should be a good thing but not for metals that have no real intrinsic value to anyone. You can't eat gold, you can't make clothes out of gold and outside of limited industrial applications it is basically worthless to mankind outside of a store of value which has historically relied on it outside of the various gold rush periods having a relatively stable supply. Why do you and why WOULD anyone pay you more than 5 or 10 cents for an aluminum can? If gold were as abundant as aluminum why would anyone pay you more than that for a gold can?

This has nothing to do with 'neoclassical' economics either it just is a basic fact of life that having something that everyone already else has which is essentially worthless in any practical sense means no one is going to give you any money for it.

[–]MarkimusNational Socialist 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (2 children)

You can't eat gold

Boy have I got some bad news for you. Google '$10,000 gold burger' and other similar keywords to this. People really do be eating gold plated food for some reason, I've had this kinda shit suggested to me on youtube because I watch Fuck That's Delicious (Action Bronson is an honorary aryan by the way)

[–]literalotherkinNorm MacDonald Nationalism 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (1 child)

Yeah I've seen that shit too. Seems like the type of thing that the sons of newly rich Russian and Saudi oligarchs might like to feed to their Eastern European sex slaves to impress them but you get my essential point. (Also good to know there's another Nazi who's into food stuff. Got to admit I do indulge in one too many food travel videos myself.)

[–]MarkimusNational Socialist 1 insightful - 1 fun1 insightful - 0 fun2 insightful - 1 fun -  (0 children)

Yeah your point is right