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by JamesBarney 1527 days ago
The economic reason people should be paying 100x the cost to supply is to incentivize people to build spare capacity.
1 comments

Generally agree although there is something a bit sinister about a market where you don't really know the price until after you've bought the product. IMO giving a utility provider blank check is like raw-dogging cheap hookers every night and then being surprised when your luck runs out.

If people WANT this kind of contract I hope that their consent is an informed one. I'm not one to stop people from engaging in their own reckless behavior.