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2024-12-06 16:11:00

GLF on Nostr: In much of the United States, the electricity market runs under the RTO regime which ...

In much of the United States, the electricity market runs under the RTO regime which sacrifices stable, cheap, and abundant energy sources for an inferior fiat system which favors fiat energy and an unstable and unaccountable “market” for electricity.

Here I try to tie some of the lessons from Meredith Angwin’s Shorting The Grid: The Hidden Fragility of Our Electric Grid and the various insights from saifedean (npub1gdu…6nak)'s writings ing both The Fiat Standard and Principles of Economics.

Ultimately the RTO regime is rooted in fiatism.

https://www.greenleapforward.wtf/p/the-fiat-standard-and-the-american
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