Fun with Commodities

Scarcity? Chill. Carpe Diem, channeling George Will, channeling the late Julian Symon, reminds us that the price of a basket of five critical commodities fell by 21.56 percent in the ten years ending at 2000. Let's do the numbers: $100*(1-0.2156)^10= $8.62, so is that the price we can predict for a $100 basket in 3000? And when, exactly, will the supply go to infinity?