Just a thought exercise / question.
What would the economic impact be if new technology made energy (fuel,power, utilities, etc.) extremely cheap to produce and readily available to all?
Most people would think this to be the ideal situation. But it would basically shut down a significant driver of the world economy.
What say ye??
What would be the economic impact of significantly lower energy costs?
byu/dwesthoff inAskEconomics
Posted by dwesthoff