Pete in Panama
Well-Known Member
My preference is to take this one step at a time because I like to look at quantities.If we're using resources faster than they're being replaced...
Let's understand that the majority of the new wealth being created is information, we have virtually an endless supply of info to be mined. As for other raw materials, we should consider prices as a good index of scarcity. True, commodity prices are volatile but at the same time there's been no up or down long term trend for almost 2 centuries: