Check out this headline…
I guess the Inflation Reduction Act (IRA) isn’t really “reducing” inflation.
Not that anyone should be surprised.
We had plenty of warning.
Take, for instance, the Penn Wharton Budget Model (PWBM) analysis, which showed that the IRA’s impact on inflation would be statistically indistinguishable from zero.
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PWBM estimates that the Inflation Reduction Act would reduce non-interest cumulative deficits by $248 billion over the budget window with no impact on GDP in 2031. The impact on inflation is statistically indistinguishable from zero. An illustrative scenario is also presented where Affordable Care Act subsidies are made permanent. Under this illustrative alternative, the 10-year deficit reduction estimate falls to $89 billion.
Historically speaking, for the most part, government intervention in what’s supposed to be a free-market economy never lives up to its grand promises.
Instead, it almost always leads to the middle class getting screwed and the politically connected elite enriching themselves.
This is how it's always been, and I see no evidence that this will ever change.
So while it’s understandable that you might be angry, there’s no point in dwelling on the thievery and hustle of the Capitol Hill mafia…
Especially when you can use their cons to enrich yourself.
Don’t Hate — Participate
At a recent energy conference in Las Vegas, Chris Seiple from energy research firm Wood Mackenzie made the following statement:
The IRA has made renewables very competitive with other technologies and wholesale power prices. As a result, we are seeing a land rush for development sites and a resurgence in U.S. manufacturing to support the renewables industry.
There are still challenges that remain, but overall, low-cost renewables present a major opportunity for investment, and we project annual capacity additions in 10 years to nearly triple what they are now.
While you’ll never see me supporting government meddling in a free market, I make no apologies for making some money off a state-run hustle.
And in terms of hustles, the IRA is a major score if you know how to play it.
There are multiple ways to profit from this thing too.
However, truth be told, I’m heavily focused on solar right now. How could I not be when we’re now seeing solar investments exceed $1 billion per day?
It’s no wonder guys like Elon Musk and Jeff Bezos are investing heavily in the solar space…
Particularly in solar power royalties, which are not only far safer than solar stocks, but they pay monthly dividends that in some cases are delivering double-digit internal rates of return.
One of my favorite solar power royalty deals is this one, which could turn a monthly $500 investment into more than $318,000.
Double your stake to $1,000, and you’re looking at an eventual estimated payout of $637,568.
That’s more than half a million dollars — all from one of the fastest-growing energy sources on the planet that’s being heavily subsidized by the U.S. government.
No, I don’t like corporate subsidies, but I do like making money, and I know you do too. That's why I put together this short presentation that provides you with all the information you need to start earning your own solar power royalties before the end of the day.
To a new way of life and a new generation of wealth… Jeff Siegel
@JeffSiegel on Twitter
Check us out on YouTube!Jeff is the founder and managing editor of Green Chip Stocks. For more on Jeff, go to his editor’s page.
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