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The economic cost of driving energy prices through the roof will be most harmful to the poor. This is well established, and likely unavoidable. As an overall p
by SamPatt 4y ago
The economic cost of driving energy prices through the roof will be most harmful to the poor.
This is well established, and likely unavoidable. As an overall portion of their expenses, the poor pay much more for energy than the wealthy.
Driving up the cost will decrease their standard of living substantially, but much less so to the wealthy.
Let's see how Europe fares with higher energy prices this winter, then determine if we should force that on the entire world.