{ 6 comments }

Merrill Vanderbeck February 16, 2010 at 3:04 pm

Hello just thought i would tell you something.. This is twice now i’ve landed on your blog in the last 2 weeks searching for completely unrelated things. Spooky or what?

Bill James April 23, 2009 at 9:37 pm

I rarely comment on blogs but yours I had to stop and say Great Blog!!

Benjamine March 5, 2009 at 12:58 am

You made some good points there. I did a search on the topic and found most people will agree with your blog.

Benjamine March 5, 2009 at 12:52 am

Hello to all 🙂 I can?t understand how to add your site in my rss reader. Help me, please

prblogs February 9, 2009 at 10:17 am

RelationshipEcon: Can We Spend Our Way Out?: So you ask how will we pay it back? The gov.. http://tinyurl.com/62gevm

Dan November 26, 2008 at 2:26 pm

Actually we will spend our way out whether we like it or not. The dollar will devalue (inflation) with respect to foreign currency and people will mob Wall Mart for things that are made outside the US (now, almost everything) they can buy today but not tomorrow; small appliances, TV’s, shoes and socks, etc. The spending will be intense, because it has to be. The actual devaluation event will happen in hours or days, not months or years. Your 401K will disappear but your home mortgage will deflate as well. The government will issue a new currency called the megabuck equal to 1000 old bucks. The game will reset and start all over again.

By spending on infrastructure, the government stands a chance of increasing productivity (through better roads and bridges) at the same time that the dollar devalues – done correctly they hedge each other. Fast, no.

Corporations are supposed to perform the task of innovating faster than the government prints money. They are failing in this task therefore they need to be replaced with corporations that can achieve this objective. We need to take control of the financial system – this actually may be easier than it seems.

The Ingenesist Project specifies 3 web applications which if deployed to Social Media would allow knowledge to become tangible outside the construct of the traditional corporation and instead in social networks. Communities of practice will become the next corporate structure clustering around technologies and mixing knowledge assets while spitting out start-ups at an astonishing rate.

While the analysis is too lengthy for this box (specified at IEC101 http://www.ingenesist.com) The end result would be a comprehensive, integrated, and diversified crowd sourced innovation economy that reflects the priorities of society rather than those of Wall Street. A quantum leap in our innovation potential is the only way to support the debt that we are taking on. Something very different needs to happen…very soon.

Corporations will never allow this so people will need to build it. Mr. Obama simply needs to give us permission. I sure hope he sees the power of the social media – all he needs to do is look in the mirror.

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