http://thesecretsofvancouver.com/wordpress/a-picture-thats-worth-a-trillion-words/economy “Where Just Being 'Right' Is Wrong" Thu, 09 Feb 2012 10:39:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://thesecretsofvancouver.com/wordpress/a-picture-thats-worth-a-trillion-words/economy/comment-page-1#comment-4824 Matt Radin Fri, 06 Nov 2009 19:33:40 +0000 http://thesecretsofvancouver.com/wordpress/?p=6780#comment-4824 If we hold to the principle that money is a medium of exchange, we are going to have to get back to basics ... what does America have that the rest of the world wants to buy? How can we keep innovation and product development IN America, so that other countries want to buy FROM America. As a general rule, people can be expected to do that which they PERCEIVE to be in their own SELF interest. For the American dollar to survive this threat, we are going to have to create the PERCEPTION that it's in the best interests of the world's banks to support the dollar. We need to identify those things that make America non-competitive (e.g. Healthcare, high cost of litigation, etc.) and fix those things with PRIVATE SECTOR solutions ... that make America great (e.g. Constitutional right to contract, equality, etc.). When the world banks see that the Private Sector in America is FIXING these problems (rather than causing these problems through unbridled greed) the world banks' confidence in the dollar will be restored. If we wait around for government and greedy corporations to solve the problem ... WE ARE DEAD! If we hold to the principle that money is a medium of exchange, we are going to have to get back to basics … what does America have that the rest of the world wants to buy? How can we keep innovation and product development IN America, so that other countries want to buy FROM America. As a general rule, people can be expected to do that which they PERCEIVE to be in their own SELF interest. For the American dollar to survive this threat, we are going to have to create the PERCEPTION that it’s in the best interests of the world’s banks to support the dollar. We need to identify those things that make America non-competitive (e.g. Healthcare, high cost of litigation, etc.) and fix those things with PRIVATE SECTOR solutions … that make America great (e.g. Constitutional right to contract, equality, etc.). When the world banks see that the Private Sector in America is FIXING these problems (rather than causing these problems through unbridled greed) the world banks’ confidence in the dollar will be restored. If we wait around for government and greedy corporations to solve the problem … WE ARE DEAD!

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