Economy
Individual Pandemic Savings Drying Up
Infusions of government cash left millions of households with bigger bank balances than before the pandemic — savings that have driven a torrent of consumer spending, helped pay off debts and, at times, reduced the urgency of job hunts. That’s ending.
Fedcoin. Should the U.S. Government Have its own Crypto?
Without regulatory control on crypto, like Bitcoin, should the Fed “mint” its own?
Energy
Minnesota Electric Rates to Increase
The decision will increase rates by approximately 7% for residential customers and approximately 14% for all other customers.
Pennsylvania Electric Rates to Increase
The default prices for eight electric distribution companies in Pennsylvania increased this month.
Illinois Electric Rates to Increase $46 Million
New rates to pay for reliability and “clean energy efforts”.
Health
Swiss Company Announces Suicide Machine
It’s a pod that can be placed anywhere. Will be operational in 2022.
Resilience
Global Fertilizer Shortage Could Cause Food Crisis
Fertilizer shortages and high fuel prices concern food and agriculture industries.
Now the Organized Takedown of the World’s Fertilizer Supply
“Green” and anti-carbon policies combined with the demonization of agriculture and meat production as global warming problems are forcing fertilizer manufacturers to shut down or reduce production, and threatens a global food crisis not seen since WWII.
The post Daily Digest 12/8: Global Fertilizer Shortage Could Mean Food Crisis; Electric Bills Rise; Federal Crypto? appeared first on Peak Prosperity.
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