THE BEATLES WERE RIGHT – IT’S GETTING BETTER ALL THE TIME
The real (inflation-adjusted) price of aluminum is now about one-fifth of what it was in 1914. These ongoing, real price declines are characteristic of almost every agricultural and industrial commodity. And that is going to now accelerate, because:
The Trump administration has been undertaking a massive deregulation effort in order to get rid of regulations that are counterproductive and do not meet reasonable cost-benefit tests. This will reduce the direct regulatory expenses made by government but will cause a far larger reduction in private business and personal expenses made to support regulations.













