mavSolve

UGH!!! Can we survive this?  The media is talking about a 3.1 Trillion dollar deficit (eventually).  And, the best part, is they are claiming that Obama is "...inheriting..." the problem.   They aren't seeing that the problem is indemic to a money based on debt and fiat money.   Oops, economist creeping out again... let me explain (briefly). The "gold standard" was a real thing.   It stated that their could only be as much "money" in the system as there was "wealth".  While these two ... Read More

And then congress wanted to see the plan for the bailout...because if it is a good plan, then it is worth investing...???  Say What? Does anyone remember that the government and private industry are supposed to be separate?  Does anyone remember that sometimes, principle is the reason we shouldn't do things?  If a plan for robbery and murder were "good enough" to be successful, would it then be acceptable to proceed with the plan?  Do the ends justify the means?  NO!  We should ... Read More

I'm not sure how many parts this will actually end up being.   It is a much bigger issue than I thought originally. What if we woke up tomorrow and walked into work and, suddenly, everyone in the organization was focused on thinking: "What can I do today which will make my company more margin, more profit, more efficient and more focused?"  Some of them would be focused on making your product or service better suited to your customers' needs.   Others would be focused ... Read More

I had a breakthrough; an epiphany of sorts this afternoon.   Sometimes, things roll along and they don't make sense, but I just figured something out.  How can the cartel we call the Federal Reserve continue expanding the money supply endlessly, including dumping over $1 trillion dollars into circulation in the last three months, and still claim low-single-digit inflation?   We economists know the truth, right?  With a limited amount of wealth creation, if money supply grows faster than real wealth, our dollars are ... Read More

Do you always purchase, or go for, the best thing you can afford, or do you prefer to purchase thrifty items?  If you purchase thrifty items, do you feel that you are getting sufficient value from them?  How do you judge? Not everyone can afford to always buy the "best" thing.  We can't all drive Ferrari's, Lamborghinis, or Cadillacs.  I realize that my question presupposes some bias in what is the "best", but the real question I'm asking is do you "compromise" on ... Read More

How do you know your performance is good enough? Ask for criticism. I didn't post yesterday because I was trying to figure out how to recover from some criticism I asked for and received. My critic is a well-polished editor whom I respect and admire, and I was hoping to get back glowing reviews. However, while she liked my ideas, she had some suggestions for improvement. Yesterday I was figuring out how to use those to make my writing ... Read More

When one commits to do something, it is very important to stay the course and complete the task. Yesterday, I notified many colleagues and friends that I intended to blog every (week)day. Overwhelmingly, the largest response was a wowing that I was committed just to the act of doing this daily. I think, perhaps, the reason I told everyone was to have them hold me accountable.In business, and your life, this is a valid behavior. Accountability and responsibility ... Read More