Negative energy prices. Consequence partly of negative real interest rates. http://www.dallasnews.com/business/energy/20160405-what-do-texas-and-california-have-in-common-negative-power-caused-by-renewables-glut.ece …
-
-
Replying to @sarahdoingthing
@sarahdoingthing The extent to which the economy has been distorted by central banks is… horrifying. No one has a grip on this yet.2 replies 0 retweets 5 likes -
Replying to @Meaningness
@Meaningness@sarahdoingthing mostly real interest rates are driven by real factors. CB has little power & mostly in opposite direxion2 replies 0 retweets 1 like -
Replying to @bswud
@bswud@Meaningness@sarahdoingthing I'm confused what does price have to do with interest rates? seems driven by cost of turning off plant2 replies 0 retweets 1 like
Replying to @The_Lagrangian
@The_Lagrangian Been massive malinvestment in energy production recently due partly 2 artificially low long rates & other policy distortions
12:47 PM - 6 Apr 2016
0 replies
0 retweets
1 like
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.