Monday With regard to the quantification of a good’s value, with what is it measured? How is the subjective value of a good expressed? Well, with money of course; one of the jobs of money in the marketplace is to measure value. For most of the 20th century and at the beginning of the 21st century, the marketplace has used fiat debt notes, otherwise known … [Read more...]
Pol Pot
Friday Pol Pot was a stain on the 20th century. Not so much for the amount of slaughter that he perpetrated, but for the crazed rationale behind it. Socialist slaughters were common and some produced a far larger body count than Pol Pot (Hitler was responsible for around 70 million deaths, Stalin and Mao were not far behind), but Pol Pot killed all those that … [Read more...]
Being Prepared
Wednesday Being prepared is a great virtue, but underneath it sits the ability to successfully predict, the intelligence to formulate appropriate strategies in accord with those predictions and, most importantly, the courage to implement them. Only then can one truly be prepared. Such are the marks of success in all human endeavours. But, how can one 'be prepared' in this … [Read more...]
Mainstream Media
Tuesday We still have what is called a mainstream media (MSM), but they are no longer the big names of yesterday. Newspapers, even those that have gone online, have failed the transit from the 20th century. Paper News is even less credible than Paper Money. Now, it is Facebook and Twitter etc. that are the mainstream. The problem is that they suffer from the same … [Read more...]
Be Prepared
Monday 'Be prepared' is the Baden Powell motto. Being prepared is a great virtue, but underneath it sits prediction - the ability to successfully predict, the intelligence to formulate appropriate strategies in accord with those predictions and the courage to implement them. Only then can one be prepared. Such are the marks of success in all human endeavours. But, how can … [Read more...]