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2026-09-09 14:25:36 UTC
in reply to

Daniel Lakeland on Nostr: People need to eat, so wheat and rice and things are gonna be critical economic ...

People need to eat, so wheat and rice and things are gonna be critical economic inputs for every country, and we need to do things, so energy/fuel is required. And if you look around you things are made of wood, steel, copper, aluminum...

According to this graph, if you need to buy a chunk of each of these commodities, a chunk that would have cost $1000 USD each in 2000, you have been poorer and less able to buy those chunks at every point in time since 2000 ish.