This time can be quite different.
Price at 60 required much less money infusion to hold the price and pump it higher.
At 500, it will require much more money infusion just to keep it stable.
Could have been said of every higher price level to this point.
And it was said. Over and over again. Year after year.
And don't forget the inflation rate keeps falling. It was about 50% yearly when many started to worry about this. Now it is 10%.