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Rich Diaz

👤 Speaker
934 total appearances

Appearances Over Time

Podcast Appearances

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

So like, we're going to basically pursue these large natural gas projects and ship this stuff all over the world.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And tax it.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

I ship my pants.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

But then you can't use it domestically, like in your house.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

It's just this really interesting double standard.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

It's just so silly.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And anyway, just watching sort of people.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Anyways, there was a big protest at City Hall the other day.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

People spray painting about fossil fuels.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Well, Keith, so the problem is as people don't, which is fair, I mean, maybe people have other things that are more important in their lives than understanding like our grid here in BC, which is to say like BC Hydro, for example, has been running a power deficit for the last three years where effectively they've been importing power largely from the United States, predominantly from states that actually derive the energy source from coal.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Yeah, so it's like stuff like that.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

And so, you know, there's all these, the premier BC David Eby's, but like major calls for power.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

saying, hey, we've got to ramp this up.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

We're in a shortfall.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

We can see the writing on the wall.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

So again, just in BC, to give you guys some more examples here, they've recently spent a billion dollars, a billion dollars educating people on how to curb their electricity consumption.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Sorry, a billion with a B?

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

Yes, one billion.

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

They spent one billion basically just on like an education –

The Loonie Hour
Inflation Is Heating Up… Will Central Banks Ignore It?

type program to explain to people how they can curb their electricity consumption number one number two they've already gone to the extreme lengths of actually curbing uh certain industries from from using their hydroelectric power so for example uh you're no longer allowed to have crypto miners in in british columbia so they're not allowed to basically tap into the grid uh so it's just like stuff like that and anyways long story short is if you're going to push