- Economies can limit inflation by eliminating the influx of $.
- So, why do world-class economies (e.g., USA! USA!) still have inflation?
Yes, ridiculous inflation is a bad thing (ZIMBABWE KABAM!); but, small, gradual inflation is a good thing because of this son-of-bizitch:
- Inflation keeps those with a lot of $ investing $ in their economies.
- As a result, that fattens the economy exponentially more.
For instance, if you sit on the sidelines hoarding your cash, that value of that cash will depreciate; you become $#@$ poorer.
- So, a sustainably strong economic system ensures that those who don't invest in their economies suffer like a bizitch.
Manageable inflation makes people less complacent.
Yet, what do crazy companies do with their superstars?
- 'YAY! You're a superstar! High five to you!'
- 'Keep doing what you do! We'll give you bonuses! Always and forever!'
So, they make them complacent instead of keeping them motivated to grow their skills/knowledge/innovation/customers/inventions/etc. further.
As a result:
- The ridiculous potential for freakish more production from Superstars = idle.
- The company remains stagnant.
- The customers get cheapened value.
To keep your superstars humming, build a system where your superstars don't rely on their past successes.
- Low base. High bonuses.
- Strong incentives to help the company work faster.
- Increased rewards as Superstar progresses.
Posted on November 04
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