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MacroVoices #317 Philip Verleger: Central Bank Policy Trumps Energy In Economics

Macro Voices

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Are We Going to Electrify the Economy?

Critics and sceptics say there's not enough electrical grid delivery capacity to charge the whole nation full of electric vehicles. No country in world has that, so it will take a lot of work to build a larger grid. We can't electrify the economy with the current grid but if things change we can use cellular phones or local generation solar power. It comes back w it's a walov smill: why onte you build the of goods? You use it until they expire.

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