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Distortion Is Underselling Ot a Bit
State regulators expected that energy prices would go as high as possible. And so did that happen? Or were more power plants generating more power? No, because, like we said, there were no more power plants left. The failure here has nothing to do with money. Like these are physical plants that are going down. So they caun throw as much money a as they want to, but it just doesn't matter. But we created a system where like this was the only lever they felt like they could pull to try to get things back working again.
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