Tuesday, March 15, 2011

Inflation hits energy prices in the form of fear-induced shortages

European electricity prices soared after Germany made seven reactors idle, or a third of the country’s nuclear capacity, in the wake of Japan’s atomic crisis.
(Not directly accessible - go to Google News, search for "Electricity prices Europe")

So, an unprecedented disaster hits some of Japan's nuclear power plants, which release an insignificant amount of radiation as a result. Then, the oligarchy's media unleash a tsunami of disinformation designed to induce irrational fear of nuclear power, and its puppets in the German government decree nuclear-power shut-downs on the "basis" of this wave of lies. The predictable result, energy shortages and higher energy prices, might actually just be a way for them to "explain" the higher energy prices actually required as a result of bailing out the bankers' betting-bubbles. (Note that the above excerpt is from The Financial Crimes.) Then, of course, the prices of everything else will follow suit, since the price of everything depends partly on the price of energy. Even if the nuke plants are put back into action, the prices will stay high, mysteriously. When the prices of everything have increased, some might wonder how this could happen unless there were more money.