The Financial Collapse of 2001 Unwinding Message Board

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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding

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To: clochard who wrote (6490)	9/27/2020 9:55:34 AM
From: Elroy Jetson	Read Replies (2) of 13803

During hot weather residents of Silicon Valley and other Free Markity regions without power plants tend to use their air conditioning regardless of how much their "smart meter" charges them. This behaviour confuses and baffles proponents of Free Markity as they continue to stumble through a real world which does not conform to their expectations. Many industrial customers already pay lower "interruptible rates" and take power cuts during peak periods. . In Los Angeles we have entire major power lines which hum to life only a few days a year during peak demand, bringing in more power to the Valley. Yet even with falling battery costs, the extra power line is still cheaper than a local battery installation. Ol Free Markity says this extra power line, or a massive new battery installation, are wasteful investments which should be replaced with blackouts. It's a major difference in philosophy. You get what you pay for.

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