Re:Ask HN: How are you hedging against inflation?
by kolinko on Friday April 23, 2021 @02:50AM
(#26911746)
ESG funds, crypto, properties. Looking to get into commodities as well, but not sure which to choose considering space mining is coming in a decade or so...
[ Parent
| on HN ]
Re:Ask HN: How are you hedging against inflation?
by tom_mellior on Friday April 23, 2021 @03:56AM
(#26912234)
I never understood the proposed business model for asteroid mining. Maybe you mean the moon? Either way, getting stuff down is expensive. You would need to mine a lot of expensive stuff for it to be worthwhile. But if you dump a lot of stuff into a market, you might tank the price. (Yes, this is hand-waving. But I think the general points should hold.)