>Time for another round of quantitative easing, easy money, the whole government bonds -> central banks -> private banks routine, perhaps? The banks can then ex

>Time for another round of quantitative easing, easy money, the whole government bonds -> central banks -> private banks routine, perhaps? The banks can then extend loans to power users at low rates, so they can pay the higher energy fees? >Of course that's nonsense Setting aside the inflationary and other side effects of doing so, 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". *SUBSIDIES DON'T MATTER IF THERE IS NO SUPPLY*. So many people in /r/europe (and their sycophants elsewhere) are in denial. Check out this /r/ireland thread. <https://np.reddit.com/r/ireland/comments/x1mbq9/small_businesses_will_begoing_to_the_wall_with/ https://np.reddit.com/r/ireland/comments/x1mbq9/small_busine...> Normally this sort of post—image with accompanying story of person/small business required to pay huge costs to giant company—is the closest thing to karma bait. There would be an endless stream of replies blaming big business/greedy companies/capitalism/etc., etc. But not this time. Yes, there are some such comments, but also a striking number coming up with all sorts of "explanations" (all wrong, as far as I can tell) for why the bill is actually the restaurant's fault. Why they are in so much denial, I don't know. Do they really think that if they don't acknowledge that energy bills across Ireland, the UK, and the continent are skyrocketing, maybe it will all go away? Or do they (given the Ukraine flag in the posted tweet's profile) think that if they publicly acknowledge that it's happening, doing so will contribute to Putin's victory and Ukraine's defeat?