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Being in the construction industry I never knew about the shortage of construction sand and how organized crime syndicates corner the supply of construction sand and take over sand pits and sell sand on the black markets to countries that are doing massive infrastructure construction like China and India.
Also I was shocked to know that Sand is the 2nd most consumed commodity on earth behind water! Plus sand is classified by its diameter not its material make up.
Lastly I always thought we would have endless sand supply because of all the sand that is in the desert but as with anything due to material make up of desert sand it isn’t useful for construction.
Sand supply might turn out to be big business in the coming decades.
0 sats \ 3 replies \ @OgFOMK 20h
Fiat currency creates scarcity. Hard money finds everything.
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Human time creates scarcity. If humans had infinite time would we even need money?
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0 sats \ 1 reply \ @OgFOMK 11h
Human time preference creates scarcity. High time preference is the path to having fun staying poor.
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Death creates scarcity
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