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xrd • today at 6:52 PM • 0 replies • view on HN

This is a really fascinating exploration of how data center build out, funded by debt, debt that relied on low interest rates, can then put pressure on interest rates, which then causes the utilities to raise their rates. It's beautiful.

It feels like this is a game between speculators that want low interest rates, and a money machine that wants to protect their investments in the stock market. If you work for Goldman for 30 years before joining the fed, then you surely have an interest in protecting the status quo.

Is there no other system we could envision that makes it possible for us to avoid these goliaths battling and destroying the planet and our opportunities to live in peace?