See
Vanilla is worth more than silver by Tyler Cowen. I had a post on this last year (link below).
The price of vanilla has hit a record high of $600 (£445) per kilogram
for the second time since 2017 when a cyclone damaged many of the
plantations in Madagascar, where three quarters of the world’s vanilla
is grown. Silver by comparison currently costs $538/kg.
Demand for vanilla has kept the prices high, leading some ice cream manufacturers to cut back and even halt production of the flavour, sparking fears of shortages over the summer.
Here is
the full story, and note this:
Replacement printer ink cartridges can cost between $8
and $27, depending on the type of printer you have. A single black ink
jet cartridge from one major manufacturer can cost $23 for just 4ml of
ink – enough to print around 200 pages.
Manufacturers argue they need to charge this to cover the loss they
are selling the printer hardware at, together with the research and
development they do on ink technology. But cut open an ink cartridge and
you will see that most of the space inside is taken up with sponge,
designed to help preserve and deliver the ink.
And when you are paying what works out to be around $1,733/kg of ink, you might be better off printing with pure silver instead."
See also
Vanilla is so valuable now that it needs to be guarded. There are actually "Vanilla bandits."
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