It’s not a function of the societal structure. It’s a direct result of fiscal monetary policy and fiat currency. The dollar as the reserve asset with no backing (bitcoin, gold, etc) forces monetary debasement. Research the cantillon effect.
Capitalism is far more successful than any communist society has ever been (they’ve all failed).
Do more homework. Understand the root cause. Simp.
Data centers haven’t been raising residential bills.
The sharpest increases are found in states that have pursued the country’s most aggressive climate policies, not those with the most data centers.
California, with some of the nation’s fastest-rising electricity rates, has seen relatively modest data-center growth. Virginia, where data centers consume more than a fifth of the state’s electricity, has experienced price increases near the national average.
@Shawn_Regan in the City Journal Substack: https://t.co/454zAKubNC
Lemme tell you what’s gonna happen
Red states will keep adding power and building data centers
Blue states will succumb to idiocy and turn off data centers (they mostly weren’t building them in the first place bc their grids don’t work bc of failed green transitions)
Red states will keep bringing in investment and tax revenue
Blue states will keep spending insane amounts on massive carefare programs (Medicaid based fake jobs programs)
Blue states will default
Red states will be forced to bail them out