There is no free in liberty.


Tuesday, July 5, 2011

Duke Power Applies for 15% Inflation Hike, Keynesians Observe No Inflation...


Charlotte Observer:

Duke Energy filed Friday for an overall 15 percent rate hike, its largest such request in North Carolina in at least 20 years.


N.C. residential rates would go up 17 percent, adding $19 to the average $97 monthly bill. Commercial and industrial rates would rise 14 percent.

The Keynesian and statist view is that there is no inflation, of course they remove energy and food from their statistical representations of the data.

Keynesians bending reality through statistics...


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