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How is spending by the US government related to energy prices? If anything the subsidies for renewable energy (build out and research) would give fossil fuels
by CameronNemo 5y ago
How is spending by the US government related to energy prices?
If anything the subsidies for renewable energy (build out and research) would give fossil fuels more competition.
- tpmx 5y agoThis inflation seems like a global thing.
- tartuffe78 5y agoThe US dollar is a global thing as well.
- anderber 5y agoAlthough inflation is global, some countries have it pretty low. For example, Portugal is at 1.16%. Two years ago it was negative. Another point is that Portugal is actively moving to renewable energy. Currently I believe they are at 28% or more.
- mikysco 5y agoI think the logic is government dollars competing with private dollars, especially during a supply shock, will send prices up