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by LatteLazy 1948 days ago
When spot rates were low, they were laughing and tell you how smart they are and how the know the market.

Now they'll be queuing up to tell us all how they were defrauded and no one told them

1 comments

Surely "nobody" was saying such things?

I feel like I've read lots of stuff about how paying the instant cost of power is a socially useful and environmental thing to do, apart from saving money. Like for instance, people would say that if we're going to have electric cars then people have to be incentivized to charge them when the cost of power is low.

Relating this to financial speculation and irresponsibility seems like a very strained post hoc imposition of a narrative, when surely it was previously considered largely about altruism and social responsibility; "doing well by doing good".