How a common element once commanded a higher price than gold
In short: Aluminium is one of the most abundant elements on Earth, yet it was once more precious than gold. This video explores the historical economic anomaly of how such a common material achieved such immense value.
The video investigates the historical period when aluminium was a luxury commodity. It questions whether its high cost was driven by supply control and marketing, drawing a comparison to how diamonds were transformed into valuable status symbols through strict supply management in the last century.
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- Summary by Intellect · source: When Aluminium Cost More than Gold...
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