Investment in capacity to control minerals and energy domestically in a mercantilist world generates good long-term ROI despite capital intensity, and eventually leads to longer-term price deflation as supply chains replicate globally.
causalpending
Speaker
Ian SingerEvidence Quote
“the ROI on those in a in a modern mercantilist world are are good. And at the same time, because they're good, if the capital can get formulated, it likely does lead to a longer term view of deflation”
Source
Pulitzer Prize Winner Dan Yergin: How War Is Reshaping the Energy Map, and the Race to Power AI— Bridgewater AssociatesCreated: 8/12/2026, 6:02:36 PM
My Notes
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