Spend all of your money – quick!!!

December 30, 2008 at 12:44 am (Uncategorized)

If you listen to npr, you have heard the following: “it does not make economic sense for spending to be cutback in a slowing economy”.  Bear with me, this will get worse before it gets better…..  It goes on to say that “economists” maintain that you and i must not shrink back from our duty of spending as our income dwindles…  

1. where is a rock?

2. where is an economist so that I can throw it at them

3. just kidding(perhaps i should throw a proverbial ’shoe’?)

 

I was musing on this and lightning struck my brain… Of course! It makes perfect sense! I am not suggesting that you go out and buy a bass boat, but consider this:

Our ‘capital’ – or money ,  is in fact our ideas and talents. it is also our time

So, in a time when there is not a lot going on, people are scared and new ideas are risky. That time is now. So, why not pursue a new idea or develop your talents?  It almost seems spiritual that in a time of darkness and gloom, we would have ‘capital’ to invest when everyone else is curled up in a fetal position and saying, “it hurts-it hurts”.

The economist is saying that people with resources should take advantage of the huge opportunity of spending those resources to gain the advantages that come with the total elimination of competition.  Artists of all kinds should use this time to do the same. It is an opportunity to grow an idea that has been on the back burner for a long time.  

I am trying to finish  my album, ‘Secret in this town’ right now with the time that i have. Sure, I wish I had a 20k budget, but I read something in a ‘wilco’ book that helped me. Jeff Tweedy said, “…the sooner i got over being embarrassed about what i had created, the sooner people we able to benefit from it…” I am going to overdraft my account and toe the line between risk and reward. don’t hoard it, people. let it go, there is a world that needs it.

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