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Jared Tracy leads dreamers. He is a marketing consultant as well as a business leader and entrepreneur. He is an accomplished copywriter, prolific blogger, and communication coach. In a past life he was a genius in Database and Web Technology development. Jared travels to various trade shows and events for the technology and consumer products industries. He is also a public speaker on topics such as marketing, product development, and leadership.

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Energy-based Inflation: Solution

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The ripple effect of creating so many jobs is tremendous, but that is not where the real economic benefit comes from. To be sure, there will be considerable increases in the purchase of local goods and services, but they are nominal compared to the major benefit of this plan.

Suddenly, millions of Americans in the southern 1/3 of the country will not longer have to pay for electricity. The electricity coming from their new solar and/or wind equipment will be more than enough to power their electrical needs. In fact, much of the installations will be able to generate more energy than a single house consumes, putting free energy back onto the local power grid. Now the ripple effect really starts to come into effect. Free from having to pay for energy, more than 2 million Americans are now saving on average $100/month. That’s $200 million dollars injected into the American economy every single month. Winter months will slow down a little bit, but that’s why we focused on the southern 1/3 of the country to begin with.

$200 million dollars/month sounds pretty good, but about the rest of the country that doesn’t receive these subsidized energy installations? Remember, the excess energy is put back onto the grid and the utility companies don’t have to pay for it. This means that the electric companies are now generating considerably more energy at the same costs they have today. This means that the price of electricity will drop and the demand for coal will drop. Drop the demand = drop the prices. And because this is a long-term solution that will last for decades, prices must drop. But we aren’t finished with benefits.

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There Are 3 Responses So Far. »

  1. [...] you are feeling dangerous, you can read my idea on my new website WordsCause.com. And don’t forget to checkout the weekly WordsCause radio [...]

  2. [...] even came up with a solution to Energy Based Inflation. Yet, to date, I still see economists following the same failed economic concepts being taught [...]

  3. [...] jobs rather than get us to spend more money on gas and useless crap from Walmart. How about some financial incentives for anyone who wants to solar panel their house! How about some tax credits for small businesses and entrepreneurs who are the heart of the [...]

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