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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (14492)	9/14/2022 7:35:16 PM
From: Kirk ©	Respond to of 26787

Biden Barometer Now we have fear of an "I did that" recession pushing it down 60%... Nobody explained to "Joe Smart" that increasing competition for electrons will cause all the commodities that are burned to supply electrons until the grid is 100% renewable all the time to go higher in price.... Duh supply/demand Econ 101. Pushing folks to EVs BEFORE we have a low cost supply is highly inflationary for regular folks who use NG to heat their homes or make electricity they buy from the power company to cook their food and run their TVs... I heard but have not verified that Germany will spark up some of its shuttered coal plants so the industries don't leave their country for power to run this winter when "regular folks" won't be able to afford to heat their homes much above 60F...