View Single Post
Old 10-01-2022, 05:50 PM   #145
ITD
Senior Member
 
ITD's Avatar
 
Join Date: Apr 2004
Location: Moultonboro, NH
Posts: 2,860
Thanks: 461
Thanked 666 Times in 366 Posts
Default

There are bonds and there are bonds. You can lose your shirt buying the wrong bonds.


Government policy has a huge effect on fossil fuel and electricity prices. It's not a free market. We have an administration that has consistently said they want to limit and eliminate fossil fuel usage. We are seeing the fruits of those policies and efforts.

When people send money to green causes, this is what those causes want to happen. The slogan is always "alternative energy", but "alternative energy" is not even remotely ready to assume the load.

The result of these drastic energy price increases is going to be people without means being very cold, or dead this winter. And the problems these strategies are supposed to improve won't budge.
ITD is offline  
The Following User Says Thank You to ITD For This Useful Post: