Australians 'panicking' as power prices skyrocket, consumer advocates say
You can continue to spend your entire waking day on here, as you do, posting hundreds of posts a day, day-in. day-out, seven days a week, 52 weeks a year, and it won't alter the fundamental economic truism that says,
"If you limit the supply of an economic good which has high demand inelasticity, the price of that good goes up."
Or, viewed by way of a real-life example:
Climate Activists: "Stop Investing in Gas Production!!"
[Economic Outcomes:
1. Gas demand exceeds supply
2. Gas price rises]
Climate Activists: "Look how expensive bloody gas is!!"
.
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How's that gas led recovery going Scotty ?, page-9
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