Tastes like more inflation to me! FWIW, our local water district this last spring dropped the news that they’ve received approval for at least two sequential, year-on-year 8% rate hikes for a host of poorly described infrastructure improvements. (Don’t get me wrong...in earthquake country, and with treatment plants on the edge of SF Bay, there’s no end of needed improvements.) But...lead remediation...(which will probably be followed in a decade by a move to get all plastics out of pipes)...only adds to the notion that we’re in for a long steady “higher for longer” flavor of inflation. And firms with pricing power look set to thrive.
Well according to the EPA some water filters are effective for removing lead and it cannot be absorbed through the skin. So who is still drinking tap water?
Tastes like more inflation to me! FWIW, our local water district this last spring dropped the news that they’ve received approval for at least two sequential, year-on-year 8% rate hikes for a host of poorly described infrastructure improvements. (Don’t get me wrong...in earthquake country, and with treatment plants on the edge of SF Bay, there’s no end of needed improvements.) But...lead remediation...(which will probably be followed in a decade by a move to get all plastics out of pipes)...only adds to the notion that we’re in for a long steady “higher for longer” flavor of inflation. And firms with pricing power look set to thrive.
Well according to the EPA some water filters are effective for removing lead and it cannot be absorbed through the skin. So who is still drinking tap water?