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42 sats \ 1 reply \ @TomK OP 1 Aug \ parent \ on: The Decade Of Commodities Is Just Around The Corner charts_and_numbers
Maybe he's wrong... oil will be much higher after the recessionary shock. Pricing power moved to the producers
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47 sats \ 0 replies \ @Undisciplined 1 Aug
Well, he already won the bet. I agree that we could see a spike in that ratio: commodities 2x while S&P 0.5x.
The point is just that as the world gets more productive, inputs become cheaper in real terms.
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