Warpy (1000+ posts) Tue Oct-27-09 04:31 PM
THE DEFROCKED WARPED PRIMITIVE; #09 TOP PRIMITIVE OF 2009
Response to Original message
1. Rates will continue to go up as the currency inflates. That is pretty much a given.
It's pretty much a given that you're an idiot, warpy. Inflation has been neglible over the past couple of years, in fact the big worry was that the mortgage bubble might shift things over to deflation, though that didn't quite happen, and not that Obama's economic 'Team' isn't still capable of running the ship of state hard aground.
Your beloved 'Green' BS however has driven energy costs up even as the economy stayed flat, though, as providers prepare for potential carbon taxes, and bring in more 'Green' (Higher-cost) energy alternatives into the grid. Also demand has not slacked off at all, there are ever more power-hungry gadgets bought and used by people pulling power, with the so-called 'Energy-saving' devices nibbling just a wee bit off the peak.