Inflation More Than Offsets 4.3% Rise in Residential Electricity Rates
When the financial crisis broke for real in 2008, I fully expected the economic system to default and start a self-cleaning process. I was prepared for very considerable pain. But I was naive. What I did not count on was the extreme brutality with which politicians and civil servants would print money. But I was naive again as I expected more inflation talk. But no, even Central banks did as if there could be more money without the corresponding inflation for more than a decade. That being said, you don’t mess with reality. Time and the elites made this thing far worse than need be.
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