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timka | 1 year ago

A economic decline has been happening in the US since fall 2021 and there's no good way out of it. Reducing the key rate would worsen the inflation that is already high. Increasing the key rate would accelerate the decline in production that is already bad enough. That means the overall demand in the economy will keep falling and thus at some point the costs of running the existing grid at such a low level of congestion will put it way bellow its point of profitability. This whole situation would require building a completely different infrastructure for this new structure of economy.

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