ECB’s Inflation Fight May Knock Out the Dollar – Ep 839
The Peter Schiff Show Podcast
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The UK Government's Price Caps Are a Horrible Policy
The british government wants to mandate that no family should have to pay over 25 hundred pounds per year for heating d electricity. This is a horrible policy that is going to back fire with dire consequences if it is in fact enacted. Once you hit the 25 hundred number, any energy that you use is free. And so you might as well use as much as you possibly can, because there is no cost. Why give up something if it doesn't cost you anything to have it? So what the government is doing is creating an incentive for people to over use a resource that is in short supply. Britain is acknowledging that there's a shortage when it comes to energy, yet their very policy
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