> the government can poof into existence trillions of dollars with no ill effects
This is because the federal reserve's printed money goes basically into treasuries and stocks.
The rich save basically all of their money. If they decided to spend it on real-world goods, there would be huge inflation.
But it's probably all nil. The cost of building enough nuclear power plants with economy of scale is probably near the same as building enough solar and wind farms.
Balancing systems do exist - I used to swim in Smith Mountain Lake[1] as a kid and that entire lake is a gigantic battery. During low demand periods they pump water into a reservoir to then run the turbines during peak demand hours. None of these systems are perfectly efficient - but we've got a lot of options in our tool belts for ways to balance peak demand that don't require more continuous production capacity.
Yes, pumped storage does exist, but to provide a nation sized battery using pumped storage, you would need to use two of the Great Lakes and pump one of them up by 200 feet.
The power needs of the occasional cold wind still winter week are fairly large.
This is because the federal reserve's printed money goes basically into treasuries and stocks.
The rich save basically all of their money. If they decided to spend it on real-world goods, there would be huge inflation.
But it's probably all nil. The cost of building enough nuclear power plants with economy of scale is probably near the same as building enough solar and wind farms.