3 ms·
Most governments are providing some sort of monetary help, so, I suspect: - some people will be mostly unaffected; - others will not be able to heat their hou
by FartyMcFarter 4y ago
Most governments are providing some sort of monetary help, so, I suspect:
- some people will be mostly unaffected;
- others will not be able to heat their houses as much, e.g. they'll only be able to heat up a couple of rooms to a lower temperature than usual;
- a bunch of people will decide to live together (e.g. parents and kids) to save money;
- some will not be able to pay their bills - energy companies will have to decide how to handle this;
- DIY home insulation will become more popular;
- wearing more clothes in winter will become popular again.
The impact on businesses is much harder to predict - I could see a lot of trouble coming in that area too.
- TMWNN 4y ago>Most governments are providing some sort of monetary help This is not a case of "government can cap the bills" or "government can provide subsidies to help pay for higher bills" or, even, "government can ration electricity". Setting aside the inflationary and other side effects of doing so, *SUBSIDIES DON'T MATTER IF THERE IS NO SUPPLY*.