I'm gonna take a minute to vent about how fucking much I fucking hate this stupid fucking talking point.
Inflation only happens when supply outstrips
demand. Inflation is far more structural than material. Printing more money or mining more silver is not what causes inflation except at absurd extremes like what the Spanish Empire did in the Andes and even that took a solid few decades to set in along with the increasing use of paper money for taxation purposes simultaneously reducing the demand for boullion.
Please read an actual economist's account of inflation and how reducing it to "more of x" is not sufficient.
It would take an absolutely fucking absurd amount of production to crash the rare metal economy on
anything for the simple fact that as it stands there is an extremely high demand for all of it, particularly for metals with actual pressingly important uses like platinum conductors or catalytic converters in vehicles which reduce polluting exhaust (GREEVIL!).
The answer of "tee hee inflation" to hypotheticals about the midas touch or a magic money printer or whatever is just dumb because it does not account for the minimal structural impact a single additional source of an already constantly produced resource would actually have.
We mine over 200 tonnes of new platinum every year.
DEI could mine and sell just 30kg of the stuff annually and make an extra million dollars in yearly profit.
0.015% addition to the yearly supply.
We could mine a hundred times that and not even make a dent in the price of platinum if we used it purely for internal purposes, which would still save us money because we wouldn't need to buy from external suppliers to perform our mad science/equipment manufacturing.