They have absolutely no idea, but, they’re going to fearmonger it anyhow
Is Climate Change Making Inflation Worse?
When we think of the costs of climate change, the first thing that usually comes to mind is catastrophic losses from disasters like floods and wildfires. But what about everyday expenses like milk, eggs and your electricity bill? Is climate change driving inflation?
The short answer: Probably, but it’s complicated.
The first thing I think is that a lot of cultists who are complete hypocrites are trying to force me and other people to do things we do not want to do, buy things we do not want to buy, increase taxes and fees, and take away liberty. Anyhow, by “it’s complicated” they mean we’re simply going to make up dots to connect because we want the cult in charge of the economy
There’s mounting evidence that more frequent extreme weather events do make some things more expensive. But how that plays out depends on where you live.
For example, the International Monetary Fund has found that extreme temperatures have actually lowered inflation, but only in developing countries. In wealthier countries, heat generally makes prices increase. Droughts tend to increase inflation, but the effect is bigger and lasts longer in poorer countries. And after storms, inflation can rise briefly but then sink below where it was originally.
Wait, you mean that weather can affect consumer prices? Like always? Like creating massive bread issues in France during the Little Ice Age which helped lead to 1st French Revolution. Food production was so problematic that the Elites tried to get the peasants to eat potatoes, which were considered the lowest of the low food. History is replete with weather causing good, bad, or neutral. No need to involve witchcraft, er, anthropogenic climate change.
Here’s a closer look at how climate change might be hitting your wallet.
Rather than try to assess the overall effects of warming on prices, it is easier to look at a few different goods and services individually. There are three big pocketbook items currently under pressure: Food, energy, and insurance.
Blah Blah Blah. Food is partially much higher because of COVID and climate cult policies. Same with energy. Replace reliable, dependable, affordable with the opposite and you get high energy prices. Insurance? Well, certainly changing weather can cause issues, just like more expensive infrastructure, buildings, etc, and having them change pathways for water runoff. Let’s skip to the end
This also plays out across borders. The European Union, for instance, has tried to reduce deforestation and carbon pollution with new trade policies. That’s added to costs for producers who are trying to adapt to changing weather patterns at the same time.
“If I’m a coffee grower in the Horn of Africa, I’ve got not only the challenges of growing and costs of fertilizer, but also the costs of new regulation and shipping costs,” Dr. Keane said. “The perennial question is, who bears those cost increases? Is it at the node of production, or is it consumers? It all depends on market structure and market power.”
So, wait, you mean sketchy cult regulations based on cult doctrine are causing higher prices? Huh.
Read: NY Times: Say, Hotcoldwetdry Could Maybe Possibly Be Making Inflation Worse »
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